Karachi, March 21, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of ‘BBB+/A-2’ (Triple B Plus/A-Two) assigned to Artistic Apparels (Private) Limited (AAPL), with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. Previous rating action announced on March 03, 2022.
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
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