The ICP-8 will have a tenor of 6 months which will be utilized for funding KE's working capital requirements, said release on Wednesday.
KE has been assigned entity rating of double A/A-One Plus. The assigned rating recognize the strategic importance of KE, a vertically integrated utility company, that has exclusive distribution rights in its service area i.e.
Business risk profile draws support from growing demand for electricity and continuous improvement across various operational metrics including reduction in transmission and distribution and aggregate technical and commercial losses.
Overall financial profile is expected to remain adequate during the rating horizon. With the NEPRA's determination of monthly
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