OREANDA-NEWS. National Rating Agency has lowered its national scale credit rating on Nevelco Holdings Limited to 'A' and has taken it off its Watchlist. The outlook for the rating has been revised to Stable from Indefinite. NRA's first-time 'A+' credit rating was assigned to the company on Dec. 25, 2014. On Jan. 18, 2016, NRA placed its 'A+' credit rating on Nevelco Holdings Limited on its Watchlist with indefinite implications.

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