ECRL has assigned AA+B (Pronounced as Double A Plus Bond) with a Stable outlook to IDLC Zero Coupon Bond issuance up to BDT 5,000.00 million in face value

By ecrl-admin | Rationale | 0 comment | 22 November, 2023 | 0

Emerging Credit Rating Limited (ECRL) has assigned AA+B (Pronounced as Double A Plus Bond) long term credit rating to IDLC Zero Coupon Bond (hereinafter referred to as “The Zero Coupon Bond” or “The Bond” or “The Issue”) issuance up to BDT 5,000.00 million in face value. The outlook on the rating is Stable.