VIS Suspends Entity Ratings of Eastern Spinning Mills Limited - Press Release issued by VIS Credit Rating Company Limited.
Karachi -- February 13, 2020 (PPI-OT)
Following is the text of press release issued by VIS Credit Rating Company Limited
Quote
VIS Credit Rating Company Limited (VIS) has suspended the entity ratings of 'A-/A-1' (Single A-Minus/A-One) assigned to Eastern Spinning Mills Limited, with immediate effect, due to non-availability of current information for ratings analysis. The ratings will be reassessed as and when the required information is available. The previous rating action was announced on October 15, 2018.
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