Name Date Rating Type Long Term Short Term Outlook Action
NBP Leasing Limited 4/20/2017 Entity A+    A-1 Rating Watch - Developing Reaffirmed on Rating Watch
Deharki Sugar Mills (Pvt) Limited 4/13/2017 Entity A    A-2 Stable Upgrade
JDW Sugar Mills Ltd 4/13/2017 Entity A+    A-1 Stable Upgrade
Attock Cement Pakistan Limited 4/13/2017 Entity A+    A-1 Stable Reaffirmed
Elixir Securities Pakistan (Pvt.) Limited 4/10/2017 Entity BBB    A-3 Stable Initial
Quaid-e-Azam Thermal Power (Pvt.) Limited 4/6/2017 Entity AA    A-1+ Stable Reaffirmed
KASHF Foundation 4/5/2017 Entity BBB+    A-3 Stable Reaffirmed
Matco Foods Pvt. Ltd. (Previously: Matco Rice Processing Pvt. Ltd.) 4/4/2017 Entity A-    A-2 Stable Reaffirmed
Adam Securities Limited 4/3/2017 Entity BB    A-3 Stable Reaffirmed
Foundation Wind Energy I Limited 4/3/2017 Entity A+    A-1 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.