Tag: Fitch affirms Melstacorp & Distilleries at 'AAA'; outlook stable

Oct 23, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate Melstacorp and its subsidiary Distilleries Company at ‘AAA(lka)’ with a stable outlook. Fitch said it rates Distilleries based on the consolidated profile of Melstacorp due to strong legal and operational linkages between the two entities, as defined in […]