Press Release

VIS Suspends Entity Ratings of Mehboob Steel Pipe Industry

Karachi, November 27, 2020: VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BBB-/A-2’ (Triple B Minus/A-Two) assigned to Mehboob Steel Pipe Industry (MSPI), with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on August 27, 2019.

For further information on this rating announcement, please contact Ms. Asfia Aziz or the undersigned (Ext: 306) at 021-35311861-71 or fax to 021-35311872-3.




Faryal Ahmad Faheem
Deputy CEO

VIS Entity Rating Criteria: Corporates (May 2019)
https://www.vis.com.pk/kc-meth.aspx

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