CariCRIS downgrades its credit ratings for Poly Pet Company Limited

October 22, 2021

Caribbean Information and Credit Rating Services Limited (CariCRIS) downgraded by one-notch the rating to jmBBB- (Local Currency Rating) on the Jamaica national scale assigned to the J $1 billion debt issue of Poly Pet Company Limited (Poly Pet or the Company). The national scale rating indicates adequate creditworthiness, compared to other rated debt obligations in Jamaica.

Poly-Pet-Co-Limited-Rating-Release-19-October-2021

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