ICRA Nepal Reaffirms Issuer Rating Of ICRANP-IR BB- To Hilton Hydo Energy Limited Indicating Moderate Risk Of Meeting Financial Obligations On Time

ICRA Nepal Limited has assigned a [ICRANP-IR] BB- Issuer Rating to Hilton Hydro Energy Limited, indicating a moderate risk of meeting financial obligations on time. This rating reflects the general creditworthiness opinion of the issuer and does not provide a specific opinion on individual bonds.

Within the [ICRANP-IR] rating category, positions range from [ICRANP-IR] AA to [ICRANP-IR] C, with + or - signs indicating comparative positions. Thus, the Rating of [ICRANP-IR] BB+ is one mark above [ICRANP-IR] BB, while [ICRANP-IR] BB- is one mark below [ICRANP-IR] BB.