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January 22, 2024

CRISL has assigned “AA-” rating in the Long Term and “ST-3” rating in the Short Term with ‘Stable Outlook’ to Rangpur Foundry Limited with rating validity up to January 21, 2025. Rangpur Foundry Limited got rated on WCLL/TLO of Tk. 855 million from HSBC Bank, AB Bank PLC, Prime Bank PLC and Bank Asia Ltd.