VIS Withdraws Entity Ratings of Engro Polymer and Chemicals Limited
Karachi, November 21, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA-/A-1+’ (Double A Minus/A-One Plus) assigned to Engro Polymer and Chemicals Limited (EPCL) with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on July 19, 2018.
For more information, contact:
Director Compliance and Rating Analytics,
VIS Credit Rating Company Limited
VIS House, 128/C, 25th Lane off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi, Pakistan