ICRA Nepal Reaffirms BB+ Issuer Rating for National Hydro Power Company Limited
Wed, Oct 30, 2024 9:15 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the [ICRANP-IR] BB+ issuer rating for National Hydro Power Company Limited, indicating a medium risk of failing to meet financial obligations on time. This rating reflects the issuer's general creditworthiness but does not pertain to any specific bond.
The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with modifiers like '+' or '–' indicating relative positions; specifically, [ICRANP-IR] BB+ is one mark above [ICRANP-IR] BB, while [ICRANP-IR] BB- is one mark below [ICRANP-IR] BB.
