Name Date Rating Type Long Term Short Term Outlook Action
Kompass Pakistan (Pvt) Ltd 4/8/2020 Entity BBB+    A-2 Stable Reaffirmed
Crescent Steel & Allied Products Limited 4/8/2020 Entity A-    A-2 Stable Downgrade
Faisalabad Oil Refinery (Pvt) Limited 4/8/2020 Entity BBB+    A-2 Stable Reaffirmed
Next Capital Limited 4/8/2020 BMR BMR2++    Stable Reaffirmed
AKD Securities Limited 4/8/2020 BMR BMR2++    Stable Reaffirmed
Nishat Chunian Power Limited 4/6/2020 Entity A+    A-2 Stable Initial
Pakistan Mortgage Refinance Company 4/6/2020 Entity AAA    A-1+ Stable Reaffirmed
Allied Bank of Pakistan Limited - CGR 4/2/2020 CGR GR 9+    Reaffirmed
Maple Leaf Cement Factory Ltd 4/2/2020 Entity A    A-1 Stable Initial
Shahmurad Sugar Mills Ltd 4/2/2020 Entity A-    A-2 Stable Reaffirmed

Informed Investment Decision Making Along CPEC