ICRA Nepal Rates Middle Modi at B-, Peace Energy at BB-
Summary
ICRA Nepal Limited assigned an issuer rating of B- to Middle Modi Hydropower Limited and BB- to Peace Energy Company Limited, indicating their respective risks of default.
Key Points
- ICRA Nepal Limited rated Middle Modi Hydropower Limited B-, indicating a high risk of financial default.
- Peace Energy Company Limited received a BB- rating, indicating moderate risk of financial default.
- The ratings reflect overall creditworthiness, not specific debt instruments.
- Plus and minus signs indicate relative positioning within rating categories.
