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Term-Finance-Certificates issued by Allied Bank Limited fully redeemed; rating withdrawn

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by September 4, 2015 General

Lahore, September 04, 2015 (PPI-OT):Allied Bank Limited (ABL) has exercised call option and made full payment against its unsecured, listed, and subordinated TFCs II of PKR 3,000 mln on August 28, 2015. Thus, the Pakistan Credit Rating Agency Limited (PACRA) has withdrawn the rating [‘AA’ (Double A)] of the said TFCs.

For more information, contact:
Hammad Rashid
Analyst
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425
Email: hammad.rashid@pacra.com
Web: www.pacra.com

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