Super Madi Hydropower’s Credit Rating Upgraded to BB+ by ICRA Nepal
Summary
ICRA Nepal Limited upgraded Super Madi Hydropower Limited's issuer rating from B- to BB+, reflecting an improved credit profile and moderate risk of default.
Key Points
- ICRA Nepal Limited upgraded Super Madi Hydropower Limited's issuer rating from B- to BB+.
- The new rating of BB+ indicates an improved credit profile for Super Madi Hydropower Limited.
- The rating reflects the company's overall creditworthiness, not tied to any specific debt instrument.
- The "+" sign shows a higher position within the BB rating category.
