KARACHI – The Pakistan Credit Rating Agency (PACRA) has maintained the long-term entity rating of ORIX Leasing Pakistan Limited (OLP) at ‘AA’ (Double A) and the short-term rating at ‘A1+’ (A one plus).
Ratings for the term Finance Certificates (TFCs) of Rs 2,500 million and Rs 5,000 million have also been maintained at ‘AA+’ (Double A plus). These ratings denote a very low expectation of credit risk, emanating from a strong capacity for timely payments of financial commitments.