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.
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