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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies

Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies

Message [Page 1 of 1]

1 Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies Thu Jul 19, 2018 5:42 am

ruwan326

Senior Vice President - Equity Analytics

Posts : 2708
Equity Stars : 6292
Reputation : 108
Join date : 2016-09-16
Age : 46

Fitch Ratings Lanka has downgraded Melsta Regal Finance Ltd.'s (MRF) National Long-Term Rating to 'B(lka)' from 'A+(lka)' and removed the Rating Watch Evolving (RWE). A Stable Outlook has been assigned. The agency has also affirmed the ratings of the following nine finance companies:

- Central Finance Company PLC (CF)
- LB Finance PLC (LB)
- Senkadagala Finance PLC (Senka)
- Singer Finance (Lanka) PLC (SFL)
- Mercantile Investments and Finance PLC (MIF)
- People's Leasing & Finance PLC (PLC)
- HNB Grameen Finance Limited (HGL)
- AMW Capital Leasing And Finance PLC (AMWCL)
- Siyapatha Finance PLC (Siyapatha)

http://bizenglish.adaderana.lk/fitch-downgrades-melsta-regal-finance-affirms-nine-sri-lankan-finance-companies/

Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies

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