ICRA Nepal Assigns [ICRANP-IR] B+ Issuer Rating to Lumbini Cable Car Limited

ICRA Nepal Limited has assigned an issuer rating of [ICRANP-IR] B+ to Lumbini Cable Car Limited. Entities with this rating are considered to have a high risk of defaulting on their financial obligations. This rating reflects the general creditworthiness of the issuer and is not specific to any particular debt instrument.

The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with "+" or "-" signs indicating the relative position within a specific rating category. For example, [ICRANP-IR] B+ is one notch above [ICRANP-IR] B, while [ICRANP-IR] B- is one notch below [ICRANP-IR] B.