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.
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