Tag: Fitch Assigns First­Time ‘BB+(lka)’ to Sierra Cables PLC Fitch Ratings­

Fitch Ratings has assigned Sri Lanka ­based cable manufacturer Sierra Cables PLC (Sierra) a National Long­Term Rating of ‘BB+(lka)’. The Outlook is Stable. Sierra’s rating reflects its established core business, which has an extensive product portfolio, modest but expanding market share and stable EBITDA margins. This is counterbalanced by exposure to cyclical end­markets, risks associated […]