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Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies Vote_lcap68%Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies Vote_rcap 68% [ 178 ]
Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies Vote_lcap18%Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies

Fitch Downgrades Melsta Regal Finance; Affirms Nine Sri Lankan Finance Companies

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ruwan326

ruwan326
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Fitch Ratings Lanka has downgraded Melsta Regal Finance Ltd.'s (MRF) National Long-Term Rating to 'B(lka)' from 'A+(lka)' and removed the Rating Watch Evolving (RWE). A Stable Outlook has been assigned. The agency has also affirmed the ratings of the following nine finance companies:
- Central Finance Company PLC (CF)
- LB Finance PLC (LB)
- Senkadagala Finance PLC (Senka)
- Singer Finance (Lanka) PLC (SFL)
- Mercantile Investments and Finance PLC (MIF)
- People's Leasing & Finance PLC (PLC)
- HNB Grameen Finance Limited (HGL)
- AMW Capital Leasing And Finance PLC (AMWCL)
- Siyapatha Finance PLC (Siyapatha)

http://bizenglish.adaderana.lk/fitch-downgrades-melsta-regal-finance-affirms-nine-sri-lankan-finance-companies/

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