Tag: Fitch rates People’s Leasing’s senior debt AA (lka)(EXP)

Fitch Ratings has assigned People’s Leasing & Finance PLC’s (PLC, AA(lka)/Stable) proposed senior debenture issue of up to LKR8bn an expected National LongTerm Rating of ‘AA(lka)(EXP)’. The debentures, which will have tenors of three, four and five years and carry fixed coupons, will be listed on the Colombo Stock Exchange. PLC expects to use the proceeds for working capital […]