TFC issued by Soneri Bank Limited fully redeemed; Rating withdrawn

Lahore, May 06, 2013 (PPI-OT): Soneri Bank Limited (SBL) made final payment of unsecured, listed and subordinated TFC of PKR 1.2bn; rated ‘A+’ (A Plus), on May 04, 2013. Subsequent to the completion of the redemption process, the Pakistan Credit Rating Agency (PACRA) has withdrawn the rating of the TFC issued by SBL.

For more information, contact:
Hammad Rashid
Analyst
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
Email: hammad.rashid@pacra.com
Web: www.pacra.com