ICRA Nepal Reaffirms BB+ Rating of Beni Hydropower Project
Summary
ICRA Nepal Limited has reaffirmed the BB+ issuer rating of Beni Hydropower Project Limited, indicating moderate risk in meeting financial obligations on time.
Key Points
- ICRA Nepal Limited reaffirmed the issuer rating of Beni Hydropower Project Limited at BB+.
- The BB+ rating indicates a moderate risk of default in timely financial obligations.
- ICRA's rating reflects the overall creditworthiness of the company, not specific debt instruments.
- Within ICRA's scale, BB+ is one notch higher than BB, emphasizing relative standing.
