Name Date Rating Type Long Term Short Term Outlook Action
Rousch (Pakistan) Power Limited 5/20/2022 Entity AA    A-1 Stable Reaffirmed
Muhammad Shafi Tanneries (Pvt) Ltd 5/19/2022 Entity BBB+    A-2 Stable Downgrade
Fawad Yusuf Securities (Pvt) Ltd 5/18/2022 Entity    Suspended
Denim Clothing Company 5/18/2022 Entity    Suspended
Next Capital Limited 5/18/2022 BFR BFR2    Stable Initial
Pakistan Tiles Private Limited 5/18/2022 Entity BBB+    A-2 Stable Initial
Rizwan Enterprises 5/17/2022 Entity A-    A-1 Stable Upgrade
Adam Sugar Mills Limited 5/17/2022 Entity A-    A-2 Stable Initial
Pakistan Cables Limited 5/16/2022 Entity A    A-1 Stable Reaffirmed
Nishat Chunian Power Limited 5/16/2022 Entity A+    A-2 Stable Initial

Informed Investment Decision Making Along CPEC