ICRA Nepal Reaffirms BBB- Issuer Rating for Supermai Hydropower Limited

Wed, Jul 17, 2024 7:32 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has reaffirmed the [ICRANP-IR] BBB- Issuer Rating for Supermai Hydropower Limited. This rating signifies that the institution is moderately secure in meeting its financial obligations on time, indicating a moderate credit risk.

The issuer rating provided by ICRA Nepal reflects an opinion on the general creditworthiness of Supermai Hydropower Limited and does not pertain to any specific bond.

ICRA Nepal's rating scale ranges from [ICRANP-IR] AA to [ICRANP-IR] C, with additional symbols such as + (plus) or - (minus) used to indicate the relative position within each rating class. For instance, [ICRANP-IR] BBB+ denotes a rating slightly higher than [ICRANP-IR] BBB, while [ICRANP-IR] BBB- indicates a rating slightly lower than BBB.