ICRA Nepal Assigns BBB- Issuer Rating to Jasmine Paints, Reflecting Moderate Credit Risk
Mon, Jun 9, 2025 10:05 AM on Latest, Corporate, Credit Rating,
ICRA Nepal Limited has assigned an issuer rating of [ICRANP-IR] BBB- to Jasmine Paints Limited, indicating a moderate degree of safety for timely financial obligation servicing and moderate credit risk.
This rating reflects general creditworthiness and is not specific to any debt instrument. In ICRA’s rating scale, a BBB- rating is one notch below BBB, signifying its relative position within the category.
