ICRA Nepal Withdraws Rating of Three Star Hydropower
Summary
ICRA Nepal has withdrawn the issuer rating of D (Issuer Not Cooperating) previously assigned to Three Star Hydropower Limited due to non-cooperation in providing information.
Key Points
- ICRA Nepal Limited withdrew the issuer rating assigned to Three Star Hydropower Limited.
- The previous rating was [ICRANP-IR] D indicating issuer non-cooperation.
- The withdrawal reflects the issuer's lack of cooperation in providing necessary evaluation information.
- ICRA clarified that ratings reflect overall creditworthiness and are not linked to specific debt instruments.
