KARACHI, May 23: The JCR-VIS Credit Rating Company Limited has assigned a medium-to-long-term entity rating of AA - (double A minus) and short-term rating of A-1 (A-One) to Pakarab Fertilisers (Pvt) Ltd. The outlook on the medium to long-term rating is stable, says a press release.

KARACHI: The JCR-VIS has also reaffirmed medium to long-term rating of A+ (Single A Plus) to the securitised TFC issue of Rs1200m of Naimat Basal Oil and Gas Securitisation Company Limited. The outlook on the average rating is stable, says a press release.