Fitch Revises Sri Lanka Telecom to ‘AA+(lka)’ Following National Rating Scale Recalibration

Fitch Ratings has revised Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating to ‘AA+(lka)’ from ‘AA-(lka)’ following the recalibration of the Sri Lankan National Rating scale. The Outlook is Stable. The recalibration reflects changes in the relative creditworthiness among Sri Lankan issuers following Fitch’s upgrade of Sri Lanka’s sovereign Long-Term Local-Currency Issuer Default Rating (IDR) […]