Name Date Rating Type Long Term Short Term Outlook Action
PGP Consortium Limited 11/27/2020 Entity A-    A-2 Rating Watch - Developing Reaffirmed
Mehboob Steel Pipe Industry 11/27/2020 Entity    Suspended
Zephyr Power (Pvt) Limited 11/26/2020 Entity A    A-2 Stable Upgrade
Shajar Roads Limited 11/24/2020 Entity A    A-2 Stable Maintained
Shifa International Hospitals Limited 11/24/2020 Entity AA-    A-1 Stable Reaffirmed
Shakarganj Food Products Limited 11/23/2020 Entity BBB+    A-3 Negative Downgrade
Shakarganj Food Products Limited 11/23/2020 Sukuk 1 BBB+    Negative Downgrade
Naveena Industries Limited 11/20/2020 Entity BBB+    A-2 Stable Maintained
Ahmed Oriental Textile Mills Limited 11/20/2020 Entity BBB+    A-2 Stable Maintained
Ittehad Chemicals Limited 11/19/2020 Entity A-    A-2 Positive Reaffirmed

Informed Investment Decision Making Along CPEC