ICRA Nepal Reaffirms [ICRANP-IR] B Issuer Rating for Chhyangdi Hydropower Company Limited
ICRA Nepal Limited has reaffirmed the [ICRANP-IR] B Issuer Rating for Chhyangdi Hydropower Company Limited (CHL). This rating signifies a high risk of meeting financial obligations on time.
It's a general creditworthiness opinion and not specific to bonds. Ratings range from [ICRANP-IR] AA to [ICRANP-IR] C, with variations indicated by a + (plus) or - (minus) sign. For instance, [ICRANP-IR] B+ is slightly better than [ICRANP-IR] B, while [ICRANP-IR] B- is slightly lower.
