Fitch Assigns CBC Finance’s Proposed Subordinated Debt ‘BBB+(EXP)(lka)’ Rating

Fitch Ratings has assigned CBC Finance PLC’s (CBCF, A(lka)/Stable) proposed Sri Lankan rupee-denominated subordinated listed debentures of up to LKR1 billion an expected National Long-Term Rating of ‘BBB+(EXP)(lka)’. The proposed debentures are likely to have a maturity of five years and are to be listed on the Colombo Stock Exchange. The company plans to use […]

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