CARICRIS: Seprod’s ratings are good

June 28, 2022

Caribbean Information and Credit Rating Services Limited (CariCRIS), has reaffirmed the assigned corporate credit ratings of CariA- (Local Currency Rating) on the regional rating scale, and jmAA- (Local Currency Rating) and jmA+ (Foreign Currency Rating) on the Jamaica national scale to Seprod Limited (Seprod or the Group). The local currency regional scale rating indicates that the level of creditworthiness of this obligor, adjudged in relation to other obligors in the Caribbean is good. The local currency national scale rating indicates that the level of creditworthiness of this obligor, adjudged in relation to other obligors in Jamaica is high. The foreign currency national scale rating indicates that the level of creditworthiness of this obligor, adjudged in relation to other obligors in Jamaica is good.