Economy & businessUpdated
Fitch assigns CBC Finance’s proposed debt ‘BBB+(EXP)(lka)’ rating
From EconomyNext ·
Headline from EconomyNext
2 outlets · 2 reports · latest EN 2English 2 · all privateOwners: all private.
Photo: EconomyNextAI summary · 1 min read
1 min readFrom 2 outlets- EconomyNext and Lanka Business Online say the debentures are expected to be listed on the Colombo Stock Exchange.
- Both outlets report that Fitch rated the proposed debt two notches below CBC Finance’s National Long-Term Rating.
- The outlets say Fitch cited expected extraordinary support from parent Commercial Bank of Ceylon.
Based on: LBO, EconomyNextWritten by AI from LBO, EconomyNextthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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