| Name |
Date |
Rating Type |
Long Term |
Short Term |
Outlook |
Action |
| Zephyr Power Limited |
4/18/2024 |
Entity |
A+
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-1 |
Stable |
Reaffirmed |
|
|
| Saya Weaving Mills (Pvt) Limited |
4/17/2024 |
Entity |
A-
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-2 |
Stable |
Reaffirmed |
|
|
| DAMEN Support Programme |
4/17/2024 |
Entity |
BBB-
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A-3 |
Stable |
Initial |
|
|
| Shahbaz Garments (Pvt) Limited |
4/16/2024 |
Entity |
A-
Good credit quality; Protection factors are adequate. Risk factors
may vary with possible changes in the economy.
|
A-2 |
Stable |
Reaffirmed |
|
|
| Pakistan Mortgage Refinance Company |
4/9/2024 |
Entity |
AAA
Highest credit quality; the risk factors are negligible, being only
slightly more than for risk-free Government of Pakistan’s debt.
|
A-1+ |
Stable |
Reaffirmed |
|
|
| Madina Oil Refinery Limited |
4/9/2024 |
Entity |
BBB
Adequate credit quality; Protection factors are reasonable and
sufficient. Risk factors are considered variable if changes occur in the
economy.
|
A-2 |
Stable |
Upgrade |
|
|
| Magna Processing Industries (Pvt) Limited |
4/8/2024 |
Entity |
|
|
|
Withdrawn |
|
|
| Magna Textile Industries (Pvt) Limited |
4/8/2024 |
Entity |
|
|
|
Withdrawn |
|
|
| I-J Plastic Industries (Pvt) Limited |
4/8/2024 |
Entity |
|
|
|
Withdrawn |
|
|
| Eastern Spinning Mills Limited |
4/8/2024 |
Entity |
|
|
|
Withdrawn |
|
|