Name Date Rating Type Long Term Short Term Outlook Action
Deokjae Connecting Roads (Pvt.) Limited 4/20/2018 Entity A+    A-1 Stable Reaffirmed
Naveena Exports Limited 4/19/2018 Entity A-    A-2 Stable Initial
Saif Textile Mills Limited 4/17/2018 Sukuk 1 A    Stable Preliminary
PGP Consortium Limited 4/16/2018 Pref Share BBB    Positive Maintained
PGP Consortium Limited 4/16/2018 Entity A-    A-2 Positive Maintained
Olympia Oils (Pvt.) Limited 4/12/2018 Entity BBB+    A-2 Stable Initial
KASHF Foundation 4/12/2018 Entity BBB+    A-3 Stable Reaffirmed
International Industries Limited 4/10/2018 Entity AA-    A-1 Stable Reaffirmed
Master Motor Corporation (Pvt) Limited 4/6/2018 Entity A-    A-2 Stable Initial
Procon Engineering (Pvt) Limited 4/6/2018 Entity A    A-2 Stable Initial
Rating Process
In order to provide independent evaluations of their credit-worthiness or the credit risk of their debt issue, an entity may choose to have a credit rating assigned to themselves. A step-by-step process is followed to fully assess the issuer’s credit quality and arrive at a rating.Read More
Understanding Ratings
A credit rating is an assessment of the ability and willingness of an entity to fulfill its financial commitments. It is a measure of the credit worthiness of an issuer and can be used by investors to help make investment decisions when comparing different issuers and debt issues.