VIS Suspends Ratings of Dawood Equities Limited

By MG News | March 05, 2019 at 11:14 AM GMT+05:00

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March 05, 2019 (MLN): VIS Credit Rating Company Ltd. (VIS) has suspended the entity ratings of ‘BB-/A-3’ (Double B Minus/A-Three) assigned to Dawood Equities Limited (DEL) with immediate effect due to non-availability of current information for rating analysis and risk evaluation.

The rating will be reassessed as and when the issue is resolved. The previous rating action was announced on June 23, 2017.

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