ICRA Nepal Reaffirms BBB@ Issuer Rating for Sarbottam Cement Limited

Wed, Oct 30, 2024 9:00 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has reaffirmed the [ICRANP-IR] BBB@ Issuer Rating for Sarbottam Cement Limited (SARBTM), indicating that the company is moderately safe in meeting its financial obligations, though it faces adverse effects under micro-monitoring. This rating reflects a moderate credit risk, and while it provides an opinion on the issuer's general creditworthiness, it does not pertain to any specific bond.

The rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with modifiers like '+' or '–' denoting relative positions; for instance, [ICRANP-IR] BBB+ is one mark above [ICRANP-IR] BBB, and [ICRANP-IR] BBB is one mark below [ICRANP-IR] BBB.