Emerging Credit Rating Limited (ECRL) has assigned long term rating BBB+B (Pronounced as Triple B Plus) to Summit Towers Limited’s BDT 600.00 Million Zero Coupon Bond. The outlook on the rating is Stable. The rating is based on audited financial statements for FY2021-2022, and six months audited financial statements for FY2023 (July 2022-December 2022), and other qualitative and quantitative factors.