The ratings reflect strong investor and financial institution confidence in KE’s performance.
KARACHI: The VIS Credit Rating Company has reaffirmed K-Electric’s long-term rating of ‘AA’ and short-term rating of ‘A-1+’ with a stable outlook.
According to a KE-Spokesperson, the ratings reflect strong investor and financial institution confidence in K-Electric’s performance and financial standing.
According to the spokesperson, VIS has assessed K-Electric’s ability to meet its short-term financial obligations on time as strong, highlighting consistent cash flows that continue to support debt repayments.
He added that investor confidence remains intact due to the utility’s operational performance and future development plans.
VIS noted that K-Electric’s long-term financial position remains linked to ongoing regulatory decisions, while progress under the multi-year tariff framework is considered important for future financial planning.
The reaffirmation of the ratings, according to the spokesperson, reflects the utility’s overall financial stability and sustained market credibility.
