National Long-Term Rating affirmed at 'AAA(
lka)'; Stable Outlook
The
LKA's anti-terrorism unit is still investigating the incident.
KFLP and members of the Koski family individually are
LKA's largest shareholders.
A sustained weakening in HNB's capitalisation and asset quality relative to AA(
lka) peers would put downward pressure on the ratings, Fitch noted.
Newberry says the recovery of
LKAs "is an indication to us that our decades of analysis and detective work are actually leading to closure for some families.
Singer is rated one notch above its closest peer, Abans PLC (BBB+(
lka)/Stable), to reflect its stronger financial risk profile.
All
LKA debenture holders and certain of the unsecured creditors will be offered this same reduced conversion price until 6:00 PM PDT on 30 April 2018.
The bank's subsidiary, DFCC Vardhana Bank's (DVB) national long-term rating was affirmed at 'AA-(
lka)'.
28 October 2011 - Fitch Ratings Lanka set on Friday a national long-term rating of B(
lka) to the unsecured subordinated redeemable debentures of up to LKR100m (USD909,200/EUR641,300) of Sri Lankan financial firm Multi Finance Co Ltd.
Securities and Exchange Commission, affirmed Abans Finance PLC's National Long-Term Rating at 'BB+(
lka)'.
LKA Gold Incorporated (OTCQB:LKAI) announced on Monday the purchase of its shares in the open market by certain members of the Koski family.
BANKING AND CREDIT NEWS-October 26, 2011--Fitch retains BBB(
lka) rating on Pan Asia Banking(C)2011 M2 COMMUNICATIONS http://www.m2.com
