ICRA Nepal downgrades issuer rating of Barahi Hydropower to ICRANP-IR D indicating default or expected to be in default soon
Thu, Sep 7, 2023 10:49 AM on Latest, Credit Rating,
ICRA Nepal Limited has downgraded the issuer rating of Barahi Hydropower Public Limited to [ICRANP-IR] D (pronounced ICRA NP issuer rating D) from [ICRANP-IR] B- (pronounced ICRA NP issuer rating B Minus). Issuers with this rating are in default or are expected to be in default soon.
The Rating is only an opinion on the general creditworthiness of the rated entity and not specific to any particular debt instrument.
