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 signs agreement for single largest project loan of US$ 989 million from EXIM Bank of China
-- [1 hour and 38 minutes ago]
Prime Minister says World Water Day is a great opportunity to educate the society on sustainable management of water resources
-- [2 hours ago]
UNP May Day rally this year at the CMC grounds
-- [3 hours ago]
Beliatta PS Opposition Leader succumbs to gunshot injuries
-- [4 hours ago]
Sri Lanka to construct a 100 MW of floating solar power plant in the Maduru Oya Reservoir
-- [4 hours ago]
Sri Lanka welcomes adoption of consensus resolution, invites OHCHR to engage closely to verify facts
Measures to raise the economy to right place - Harsha
Sri Lanka consensus resolution adopted at UNHRC without a vote
No official statement from Singapore to Sri Lankan authorities on extradition of Arjuna Mahendran - PMD
Sri Lanka becomes less happy, slips 14 notches in World Happiness to rank 130th

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.