Company Rating

VIS  reaffirms  Entity Rating of OGDCL at AAA/A-1+

Press Release

VIS Reaffirms Entity Ratings of Oil & Gas Development Company Limited

VIS Credit Rating Company Limited (‘VIS’) has reaffirmed the entity ratings of Oil & Gas Development Company Limited at ‘AAA/A1+’ (Triple A/A One Plus). Medium to long term rating of 'AAA' indicates highest credit quality; the risk factors are negligible. Short-term rating of 'A1+' suggests strongest likelihood of timely repayment of short-term obligations with outstanding liquidity factors. Outlook on the assigned ratings remains ‘Stable’.