Sagarmatha Jalabidhyut Company Limited Retains BBB- Credit Rating from ICRA Nepal
Summary
ICRA Nepal has reaffirmed Sagarmatha Jalabidhyut Company Limited’s issuer rating at BBB- and kept it on Watch with Negative Implication. The rating suggests moderate credit risk but continued ability to meet financial obligations.
Key Points
- ICRA Nepal Limited reaffirmed Sagarmatha Jalabidhyut Company Limited’s issuer rating at [ICRANP-IR] BBB-.
- The company remains on Watch with Negative Implication.
- The BBB- rating indicates moderate credit risk and a moderate degree of safety for timely debt servicing.