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Fitch Downgrades Singer Finance to ‘BBB(lka)’; Outlook Stable

Fitch Ratings has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'BBB(lka)' from 'BBB+(lka)'. The Outlook is Stable. Fitch has also downgraded SFL's outstanding senior unsecured debt to 'BBB(lka)' from 'BBB+(lka)', and the outstanding subordinated unsecured debentures to 'BB+(lka)' from 'BBB-(lka)'.

Fitch-Downgrades-Singer-Finance-to-BBBlka_-Outlook-Stable

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