Tag: Fitch Maintains Ceylon Income Fund on Rating Watch Negative

”’, on Rating Watch Negative

Fitch Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB, AA-(lka)/Rating Watch Negative) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion an expected National Long-Term Rating of ‘A(EXP)(lka)’, on Rating Watch Negative (RWN). The debentures, which have maturities of five, seven and 10 years, will be listed on the Colombo […]

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Fitch Maintains Ceylon Income Fund on Rating Watch Negative

Sep 03, 2015 (LBO) -Fitch Ratings said it has maintained the ‘(A(lka))’ National Fund Credit Quality Rating of the Ceylon Income Fund on Rating Watch Negative(RWN) due to an increase in proportion of assets rated by another rating agency after redemptions. “The maintenance of the RWN is driven by an increase in the proportion of […]

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Fitch Maintains Ceylon Income Fund on Rating Watch Negative

Aug 27, 2015 (LBO) – Fitch Ratings has maintained the ‘(A(lka))’ national fund credit quality rating of the Ceylon Income Fund on a negative rating, a statement said. The full statement follows: Fitch Ratings has maintained the ‘(A(lka))’ National Fund Credit Quality Rating of the Ceylon Income Fund on Rating Watch Negative. The National Fund […]