Analyst
Ayesha Qasim
ayesha.qasim@pacra.com
+92-42-35869504
www.pacra.com
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PACRA Withdraws Debt Instrument Ratings of Pak Elektron Limited | CP | Dec-17
Rating Type | Debt Instrument | |
Current (13-Sep-18 ) |
Previous (10-Sep-18 ) |
|
Action | Withdraw | Maintain |
Long Term | - | A+ |
Short Term | - | A1+ |
Outlook | - | Stable |
Rating Watch | - | - |
Pak Elektron Limited issued a short term, unsecured Commercial Paper of PKR 1,200mln in Dec-17. The instrument redeemed on 10-Sept-18. PACRA withdraws the debt instrument ratings with immediate effect.
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