Name Date Rating Type Long Term Short Term Outlook Action
Pak-Qatar Family Takaful Limited 4/16/2021 IFS A+    Stable Reaffirmed
K-Electric Limited 4/13/2021 ICP-18    A-1+ Preliminary
K-Electric Limited 4/13/2021 ICP-17    A-1+ Final
Kamal Limited 4/12/2021 Entity A-    A-2 Positive Maintained
Faisalabad Oil Refinery (Pvt) Limited 4/12/2021 Entity BBB+    A-2 Positive Maintained
MRA Securities Limited 4/12/2021 BMR BMR2+    Stable Upgrade
ICI Pakistan Limited 4/9/2021 Entity AA    A-1+ Stable Initial
Muhammad Munir Muhammad Ahmed Khanani Securities Limited 4/7/2021 BMR BMR2    Stable Reaffirmed
Intermarket Securities Limited 4/7/2021 BMR BMR2+    Stable Upgrade
K-Electric Limited 4/6/2021 CP-14    A-1+ Final

Informed Investment Decision Making Along CPEC