ICRA Nepal Limited Assigns [ICRANP-IR] BB- Issuer Rating to Him Parbat Hydropower Limited

ICRA Nepal Limited has assigned a [ICRANP-IR] BB- issuer rating to Him Parbat Hydropower Limited. This rating reflects a moderate risk of the institution potentially failing to meet its financial obligations promptly.

The [ICRANP-IR] BB- rating is part of a broader scale where ratings range from [ICRANP-IR] AA to [ICRANP-IR] C, with the inclusion of a + (plus) or - (minus) sign indicating the comparative position within each rating class. Specifically, [ICRANP-IR] BB+ is one mark above [ICRANP-IR] BB, while [ICRANP-IR] BB- is one mark below [ICRANP-IR] BB.