ICRA Nepal Assigns [ICRANP-IR] BB- Issuer Rating to Maula Kali Cable Car Limited

ICRA Nepal Limited has assigned a [ICRANP-IR] BB- Issuer Rating to Maula Kali Cable Car Limited. This rating indicates that the institution has a moderate risk of failing to meet its financial obligations on time.

The [ICRANP-IR] BB- rating reflects the general creditworthiness of Maula Kali Cable Car Limited and is not specific to any particular bond. The ICRA Nepal rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with a + (plus) or - (minus) sign denoting the comparative position within each rating category. In this context, a [ICRANP-IR] BB+ rating is one notch above [ICRANP-IR] BB, while a [ICRANP-IR] BB- rating is one notch below [ICRANP-IR] BB.

This rating provides stakeholders with an understanding of the financial reliability of Maula Kali Cable Car Limited and its ability to fulfill its financial commitments.