Tag Archives: PACRA

PACRA Maintains Stability Rating of Atlas Sovereign Fund

Lahore, April 17, 2019 (PPI-OT): The objective of the fund is to provide unit-holders competitive return with low risk and high liquidity by investing primarily in short-term government securities.

The rating reflects the fund’s strong credit profile emanating from its …

PACRA Maintains Stability Rating of Atlas Money Market Fund

Lahore, April 17, 2019 (PPI-OT): The objective of the fund is to provide a stable income stream with the preservation of capital by investing in AA and above rated banks and short-term government securities.

The rating reflects very strong credit …

PACRA Maintains Stability Rating of Alfalah GHP Money Market Fund

Lahore, April 17, 2019 (PPI-OT): The objective of the fund is to generate competitive returns consistent with low risk from a portfolio constituted of short-term instruments including cash deposits, money market placements and government securities. The Fund will maintain a

PACRA Maintains Stability Rating of Atlas Islamic Income Fund

Lahore, April 17, 2019 (PPI-OT): The objective of the fund is to seek preservation of capital and reasonable rate of return from a broadly diversified portfolio of long, medium and short-term, high-quality Islamic income instruments.

The rating incorporates the fund’s …

PACRA maintains entity ratings of Nishat Chunian Power Limited

Lahore, March 18, 2019 (PPI-OT): The ratings reflect strong business profile of Nishat Chunian Power Limited (Nishat Chunian Power) emanating from the demand risk coverage under Power Purchase Agreement signed between CPPA-G (Central Power Purchasing Agency) and the company. Meanwhile,

PACRA Maintains Entity Ratings of Pak Elektron Limited

Lahore, March 12, 2019 (PPI-OT): Industry headwinds, intensified by weakening domestic currency, widening fiscal imbalance and strong competition among players have negatively impacted domestic appliances industry. Pakistan’s household appliances sector is largely dependent on global raw material prices, making it

PACRA Revises Entity Ratings of EXIDE Pakistan Limited

Lahore, March 06, 2019 (PPI-OT): The ratings reflect the squeeze in the profitability of the company – both at the gross and net level. This is an industry wide phenomenon. The competition is intense in the backdrop of reduced demand

PACRA Assigns Initial Stability Rating to Askari High Yield Scheme

Lahore, March 06, 2019 (PPI-OT): The objective of the fund is to provide investors an opportunity to make competitive returns from fixed income securities while targeting a portfolio duration of six months. The rating reflects the fund’s medium exposure to

PACRA Maintains Entity Ratings of Nayatel (Private) Limited

Lahore, March 06, 2019 (PPI-OT): The strength of Nayatel’s business model is in its robust technology infrastructure with an enduring emphasis on customer services. Reliable connectivity and quality is pivotal to all customers. Nayatel provides connectivity to its customer through

PACRA Assigns Initial Stability Rating to Askari Islamic Income Fund

Lahore, March 06, 2019 (PPI-OT): The objective of the Fund is to provide investors a Shariah compliant product with stable halal income. The fund would target on capitalizing available opportunities in the Shariah compliant income generating instruments. The Fund will