ICRA Nepal Assigns BB+ Issuer Rating to Khoranga Hydropower Limited
Thu, Sep 26, 2024 12:03 PM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has assigned a [ICRANP-IR] BB+ Issuer Rating to Khoranga Hydropower Limited, indicating a moderate risk of failing to meet financial obligations on time. This rating reflects the issuer's general creditworthiness and is not specific to any bond.
The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with the plus (+) or minus (−) signs denoting comparative positions; thus, [ICRANP-IR] BB+ is one notch above [ICRANP-IR] BB and one notch below [ICRANP-IR] BB−.
