Press Release

VIS Suspends Entity Ratings of Agro Steel Industry

Karachi, August 25, 2021: VIS Credit Rating Company Ltd. (VIS) has suspended the entity ratings of ‘BBB-/A-2’ (Triple B Minus/A-Two) assigned to Agro Steel Industry (ASI), with immediate effect, due to non-availability of information for rating analysis. The ratings will be reassessed as and when the required information is available. Previous rating action was announced on April 9, 2020.

For further information on this rating announcement, please contact Mr. Muhammad Tabish (Ext: 204) or the undersigned (Ext. 101) at 021-35311861-70 or email at info@vis.com.pk





Saeed Khan
Executive Director

Applicable Rating Criteria: Industrial Corporates (April 2019)
https://s3-us-west-2.amazonaws.com/backupsqlvis/docs/Corporate-Methodology-201904.pdf

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