Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Fitch Assigns Sri Lanka's USD Bonds Final 'B' Rating
Thu, Mar 14, 2019, 07:27 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 14, Colombo: Fitch Ratings has assigned a final rating of 'B' to the following bonds issued by Sri Lanka on 7 March 2019: - USD1 billion 6.85% bond due 2024 and USD1.4 billion 7.85% bond due 2029.

This replaces the expected rating of 'B (EXP)' that Fitch assigned on 6 March 2019.

KEY RATING DRIVERS
The ratings are in line with Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'B' with a Stable Outlook.

RATING SENSITIVITIES
The ratings would be sensitive to any changes in Sri Lanka's Long-Term Foreign-Currency IDR. Fitch downgraded Sri Lanka's Long-Term Foreign- and Local-Currency IDRs to 'B' from 'B+', with a Stable Outlook, on 3 December 2018.

 

ColomboPage - Recent 10 Stories ::
Sri Lanka Marxist party to bring no-confidence motion against government
-- [21 minutes ago]
Academic activities at Uva Wellassa and Sabaragamuwa Universities to resume tomorrow
-- [1 hour and 35 minutes ago]
Questioning of suspect who had links with suicide bombers continues
-- [2 hours ago]
Sri Lanka is capable of countering international terrorism - President
Update: Websites subjected to cyber attack restored
Attorney General instructs CID to investigate failure of former Defense Secretary and IGP to avert Easter Sunday attacks
Sri Lanka to increase import taxes of big onions
Report on controversial Batticaloa Campus in parliament early next month
Cyber attack on foreign embassy and other web sites in Sri Lanka
Sri Lanka marks a decade of peace today amid threats

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.