ICRA Nepal Assigns [ICRANP-IR] BB- Rating to Sasha Engineering Hydropower Limited

ICRA Nepal Limited has assigned a [ICRANP-IR] BB- rating to Sasha Engineering Hydropower Limited. Entities receiving this rating are considered to have a medium risk of default concerning their financial obligations.

It is important to note that this rating reflects the issuer's general creditworthiness and is not specific to any particular debt instrument. The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with the "+" or "-" signs indicating the comparative position within the given rating class. This means that an [ICRANP-IR] BB+ rating is one notch higher than [ICRANP-IR] BB, while [ICRANP-IR] BB- is one notch lower than [ICRANP-IR] BB.