Ratings of Independent Media Corporation (Pvt.) Limited

Karachi, July 16, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited has placed the entity ratings of ‘A/A-2’ (Single A/A-Two) and TFC rating of ‘A+’ (Single A Plus) assigned to Independent Media Corporation (Pvt.) Ltd under Rating Watch – Negative status in view of the on-going developments which may have a negative impact on revenue generation. Ratings will be reviewed as and when further developments take place in this regard.

For more information, contact:
Ms. Sobia Maqbool
CFA
JCR-VIS Credit Rating Company Limited
VIS House, 128/C,
25th Lane Off Khayaban-e-Ittehad,
Phase VII, DHA, Karachi
Tel: +92-21-35311861-72
Fax: +92-21-35311873
Email: sobia@jcrvis.com.pk

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