Another big Debenture scheme in the horizon; Rs 3 arba worth of 10.25% Machhapuchchhre Debenture 2085 receives ICRANP LA- rating from ICRA Nepal indicating adequate degree of safety
ICRA Nepal Limited has assigned [ICRANP] LA- (Pronounced as ICRA NP LA Minus) Rating to the Rs 3 arba worth of Subordinated Debenture Programme (10.25% Machhapuchchhre Debenture 2085) of Machhapuchchhre Bank Limited.
Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligation. Such instruments carry low credit risk.
Note: +/- signs indicates their relative position within the Rating category concerned by one notch higher/lower.
