PACRA AND NESPAK ASSIGN ‘DG3’ DEVELOPER GRADING TO
TRICON DEVELOPERS

 
PACRA and NESPAK have assigned the Developer Grading of ‘DG3’ to Tricon Developers. The grading indicates good overall execution capacity of the developer.The ability to deliver within specified time and as per terms is considered good. The grading incorporates the challenging operating environment, which could impact sales and ensuing cash flows, and the limited market recognition of the developer. At the same time, the grading recognizes the low leveraged structure of Tricon Developers and its diversified project portfolio.