‘s proposed debenture issue A-(lka)(EXP)

Fitch Ratings has assigned Singer (Sri Lanka) PLC’s (Singer;A-(lka)/Stable) proposed senior unsecured debenture issue of up to LKR4bn a National Long-Term Rating of ‘A-(lka)(EXP)’. The debenture is to be issued at a fixed rate with a tenor of three years. The proceeds of the proposed issue will be used to refinance existing debt. Singer’s proposed […]

‘s proposed debenture issue A-(lka)(EXP)

Dec 16, 2015 (LBO) – Fitch Ratings has assigned Singer Sri Lanka’s proposed unsecured senior debenture issue of up to 3 billion rupees, a National Long-Term Rating of ‘A-(lka)(EXP)’. The full rating statement is reproduced below. Fitch Ratings has assigned Singer Sri Lanka PLC’s (Singer; A-(lka)/Stable) proposed unsecured senior debenture issue of up to LKR3bn […]