Lahore, March 30, 2016 (PPI-OT):Engro Fertilizers Limited fully redeemed its Privately Placed Subordinated TFC (PPTFC-I) issued in March 2008 of PKR 4,000mln through exercising of call option. Subsequent to full payment on March 18, 2016, PACRA has withdrawn the rating [AA (Double A)] of the said TFC.
For more information, contact:
The Pakistan Credit Rating Agency Limited (PACRA)
Awami Complex, FB1, Usman Block New Garden Town,
Lahore – Pakistan
Tel: +9242 586 9504 -6
Fax: +9242 583 0425