Name Date Rating Type Long Term Short Term Outlook Action
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
BIPL Securities Limited 3/31/2020 BMR BMR2+    Stable Reaffirmed
Al-Noor Sugar Mills Ltd. 3/30/2020 Entity A-    A-2 Stable Reaffirmed
BMA Capital Management Limited 3/27/2020 BMR BMR2+    Stable Reaffirmed
Siara Textile Mills (Pvt.) Limited 3/26/2020 Entity BBB-    A-2 Stable Reaffirmed
Soorty Enterprises (Pvt) Limited 3/25/2020 Entity AA-    A-1 Stable Reaffirmed

Informed Investment Decision Making Along CPEC