“ICRA Nepal Reaffirms BB+ Issuer Rating for Mid Solu Hydropower, Signaling Moderate Default Risk”

ICRA Nepal Limited has reaffirmed the issuer rating of Mid Solu Hydropower Limited as BB+, which means they have a moderate risk of default in timely servicing of financial obligations. The rating is an overall opinion on the creditworthiness of the company and not tied to any specific debt instrument.