ICRA Nepal Reaffirms Moderate Risk Rating for Maulakali Cablecar Limited at BB-

Key Points

• ICRA Nepal Limited reaffirmed Maulakali Cablecar Limited's issuer rating at BB-.
• The rating indicates a moderate risk of default in meeting financial obligations.
• The rating is a general creditworthiness indicator and not tied to any specific debt instrument.
• The BB- rating is one notch below BB and one above B+.