ICRA Nepal Reaffirms Rating for Fleur Himalayan Limited

Thu, Sep 26, 2024 12:08 PM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has reaffirmed the [ICRANP-IR] B Issuer Rating for Fleur Himalayan Limited, indicating a high risk of timely financial obligation fulfillment. This rating reflects the institution's general creditworthiness rather than being specific to any bond.

Ratings range from [ICRANP-IR] AA to [ICRANP-IR] C, with plus (+) or minus (−) signs denoting the comparative position within each category, where [ICRANP-IR] B+ is one notch above [ICRANP-IR] B and [ICRANP-IR] B− is one notch below.