ICRA Nepal Reaffirms Ratings: Mahuli Laghubitta at BB- and Nepal Solar Farm at B
Summary
ICRA Nepal Limited has reaffirmed Mahuli Laghubitta Bittiya Sanstha Limited’s credit rating at BB- with negative watch, and Nepal Solar Farm Limited’s rating at B, indicating varying levels of financial risk.
Key Points
- ICRA Nepal Limited has reaffirmed Mahuli Laghubitta Bittiya Sanstha Limited’s issuer rating at BB- with a watch on negative implications.
- The BB- rating indicates a moderate risk of default in financial obligations for Mahuli Laghubitta.
- Nepal Solar Farm Limited’s issuer rating is reaffirmed at B, indicating a high risk of default.
- Ratings reflect general creditworthiness and are not tied to any specific debt obligations.
