Tag: Fitch rates DFCC’s senior debt at ‘AA-(lka)(EXP)’

Jan 31, 2019 (LBO) – Fitch Ratings has assigned DFCC Bank’s proposed Sri Lanka rupee-denominated senior debentures an expected National Long-Term Rating of ‘AA-(lka)(EXP)’.The notes, which will total LKR10 billion, will mature in five, seven and 10 years and carry fixed coupons.The bank plans to use the proceeds to support its loan expansion and to […]