ICRA Nepal Reaffirms BB+ Rating for Snow Rivers Limited

Mon, Mar 9, 2026 10:43 AM on Latest, Corporate, Credit Rating,

ICRA Nepal Limited has reaffirmed the issuer rating of Snow Rivers Limited (SRL) at [ICRANP-IR] BB+, indicating a moderate risk of default in meeting financial obligations.

This rating reflects the general creditworthiness of SRL and is not tied to any specific debt instrument. The “+” sign denotes that the rating is one notch higher than BB, positioning it within the upper range of the BB category.