ICRA Nepal Upgrades Trade Tower Limited’s Rating to BB

Wed, Apr 8, 2026 10:11 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has upgraded the issuer rating of Trade Tower Limited from [ICRANP-IR] BB- to [ICRANP-IR] BB, indicating an improved credit profile. The rating reflects a moderate risk of default in meeting financial obligations.

The issuer rating represents an overall opinion on the company’s creditworthiness and is not tied to any specific debt instrument. ICRA also clarified that rating symbols may include “+” or “–” to show relative standing within a category, with “+” indicating a higher position and “–” a lower one.