Name Date Rating Type Long Term Short Term Outlook Action
RYK Sugar Mills Limited 1/17/2020 Entity A    A-2 Stable Initial
Ahmed Oriental Textile Mills Limited 1/17/2020 Entity BBB+    A-2 Stable Reaffirmed
Pakistan Kuwait Investment Company (Private) Limited 1/15/2020 CGR CGR 9    Reaffirmed
Rizwan Enterprises 1/13/2020 Entity A-    A-2 Stable Initial
Adam Securities Limited 1/13/2020 BMR BMR2    Stable Upgrade
Vision Builders (Pvt.) Limited 1/10/2020 Entity BBB    A-2 Stable Initial
Etihad Sugar Mills Limited 1/10/2020 Entity A-    A-2 Stable Initial
Suraj Cotton Mills Limited 1/9/2020 Entity A+    A-1 Stable Initial
Integrated Equities Limited 1/9/2020 BMR BMR3++    Stable Reaffirmed
Askari Cement Limited 1/7/2020 Entity A    A-1 Negative Maintained

Informed Investment Decision Making Along CPEC