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Credit Rating

Credit Rating

We have to inform you that JCR-VIS Credit Rating Company Limited (JCR-VIZ) has assigned initial entity ratings of A+/A-2 (Single A Plus/A-two) to Crescent Steel and Allied Products Limited. The aforesaid rating was solicited for the proposed issuance of 12 month Commercial Paper up to Rs. 1 Billion in order to meet working capital requirements of the company. The said Commercial Paper has also been assigned a rating of A-2 (A-Two) by JCR-VIZ.