ICRA Nepal Reaffirms BB Issuer Rating for SY Panel Nepal Limited
Wed, Sep 25, 2024 8:00 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has reaffirmed the ICRANP-IR BB issuer rating for SY Panel Nepal Limited, indicating a moderate risk of the company failing to meet its financial obligations. This rating reflects the issuer's overall creditworthiness and does not pertain to any specific bond.
Ratings are classified from [ICRANP-IR] AA to [ICRANP-IR] C, with plus or minus signs denoting relative standing within each class. The BB+ rating is one level above BB, while BB- is one level below BB.
