Tag: Fitch Rates Sampath Bank’s Proposed Basel III Subordinated Debentures Final ‘A(lka)’

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Fitch Rates Sampath Bank’s Proposed Basel III Subordinated Debentures Final ‘A(lka)’

Fitch Ratings has assigned Sampath Bank PLC’s (AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion a final National Long-Term Rating of ‘A(lka)’. The proposed debentures, which will mature in five and seven years, will be listed on the Colombo Stock Exchange. The bank plans to use the proceeds to […]