Tag: Fitch rates DFCC Bank’s subordinate debentures A+(lka)(EXP)

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‘s subordinate debentures A+(lka)(EXP)

Fitch Ratings has assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Negative) proposed subordinated debentures of up to LKR7bn an expected National Long-Term Rating of ‘A+(lka)(EXP)’. The proposed debentures, which will have tenors of five and seven years and carry fixed coupons, will be listed on the Colombo Stock Exchange. DFCC expects to use the proceeds to strengthen […]