ICRA Nepal Awards B Issuer Rating to Him Consult Limited

Fri, Jun 28, 2024 8:54 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has awarded Him Consult Limited with a [ICRANP-IR] B Issuer Rating, indicating a perception of higher risk associated with meeting financial obligations on time for the institution.

The issuer rating reflects ICRA Nepal's assessment of the general creditworthiness of Him Consult Limited. It is important to note that this rating pertains to the overall creditworthiness of the institution and does not provide a specific opinion on any bonds issued by Him Consult Limited.

ICRA Nepal employs a rating scale for issuer ratings ranging from [ICRANP-IR] AA to [ICRANP-IR] C, with additional + (plus) or - (minus) symbols indicating comparative positions within each respective category. For instance, [ICRANP-IR] B+ denotes a slightly higher position within the B category, while [ICRANP-IR] B- indicates a slightly lower position.

This rating serves as a benchmark for evaluating the credit risk associated with Him Consult Limited and provides stakeholders with insight into the institution's ability to fulfill its financial commitments.