Disclosure statement on Lanka IOC by Fitch Ratings

Feb 11, 2020 (LBO) – Fitch Ratings, making a disclosure in response to market enquiries about ratings of LIOC, said that they did not provide ratings or analytical coverage of Lanka IOC beyond 1 February 2017.

Fitch Ratings assigned a private monitored National Long-Term Rating of ‘AA(lka)’/Stable to Sri Lanka-based Lanka IOC PLC (LIOC) on 7 September 2016.

However, they subsequently withdrew it on 1 February 2017 for commercial purposes.