ICRA Nepal Reaffirms B+ Issuer Rating for Lumbini Cable Car Limited
Summary
ICRA Nepal Limited has reaffirmed Lumbini Cable Car Limited's issuer rating at B+, indicating a high risk of default in meeting financial obligations on time.
Key Points
- ICRA Nepal Limited reaffirmed Lumbini Cable Car Limited's issuer rating at B+.
- The issuer rating given is [ICRANP-IR] B+.
- The rating indicates a high risk of default in meeting financial obligations on time.
- The rating reflects the company’s overall creditworthiness and is not tied to any specific debt instrument.
