ICRA Nepal Reaffirms Samling Power’s BB- Rating, Removes Watch Status
Summary
ICRA Nepal Limited has reaffirmed Samling Power Company Limited's issuer rating at BB- and removed its watch status, indicating moderate credit risk.
Key Points
- ICRA Nepal reaffirmed Samling Power Company Limited’s issuer rating at BB-.
- The watch status 'Watch with Developing Implications' was removed from Samling Power.
- The BB- rating indicates a moderate risk of default for the company.
- The issuer rating reflects overall creditworthiness rather than specific debt instruments.