ICRA Nepal Downgrades Unitech Hydropower's Issuer Rating to B 'Issuer Not Cooperating'
Mon, Mar 17, 2025 11:09 AM on Latest, Corporate, Credit Rating,
ICRA Nepal has downgraded the issuer rating of Unitech Hydropower Company Limited to [ICRANP-IR] B 'Issuer Not Cooperating' from [ICRANP-IR] B+.
The new rating indicates a high risk of default regarding the timely servicing of financial obligations. This rating reflects the general creditworthiness of the company and is not specific to any particular debt instrument.
