PACRA maintains entity ratings of TPL Properties Limited

MG News | December 05, 2018 at 02:10 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 05, 2018 (MLN): Pakistan Credit Rating Agency (PACRA) has maintained the entity ratings of TPL Properties Limited, at ‘A+’ for long term and ‘A1’ for short term, with a ‘stable’ outlook forecast.

According to an official press release on the aforementioned rating, PACRA apprises that the ratings incorporate strong fundamentals of the company.

“The ratings are dependent on management's ability to ensure adequacy of cash flows against debt repayment commitments. Any material deviation in strategy impacting risk profile of the company will be negative,” adds the agency.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,614.93 85.08M	1.86% 3215.03
ALLSHR	105,813.41 164.57M	1.81% 1885.51
KSE30	52,377.48 48.23M	1.85% 949.32
KMI30	251,409.72 44.14M	1.89% 4666.64
KMIALLSHR	68,755.44 98.91M	1.86% 1255.50
BKTi	47,809.85 11.15M	1.78% 835.56
OGTi	35,655.71 2.14M	1.34% 472.18

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,740.00	66,055.00 63,430.00	2080.00 3.27%
BRENT CRUDE	83.34	85.93 83.04	-3.99 -4.57%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	3.75 3.14%
ROTTERDAM COAL MONTHLY	131.00	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	80.62	82.42 80.00	-4.26 -5.02%
SUGAR #11 WORLD	13.70	0.00 0.00	0.00 0.00%