VIS Credit Rating Company Suspends Instrument Ratings issued by Sindh Nooriabad Power Company Limited and Sindh Nooriabad Power Company Phase-II (Private) Limited

Karachi, September 21, 2020 (PPI-OT):VIS Credit Rating Company has suspended the instrument ratings of ‘A’ (Single A) assigned to the Privately Placed Term Finance Certificates (PPTFCs) of Sindh Nooriabad Power Company Limited and Sindh Nooriabad Power Company Phase-II (Pvt.) Limited, 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 November 15, 2018.

For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: bilal@jcrvis.com.pk
Website: https://www.vis.com.pk/