Tag: Fitch Assigns Vidullanka PLC First-Time A+(lka) National Rating; Outlook Stable

Fitch Ratings has assigned a National Long-Term Rating of ‘A+(Ika)’ with a Stable Outlook to Sri Lanka based renewable power producer Vidullanka PLC. At the same time, the agency has assigned a National Short-Term Rating of ‘F1(lka)’ to Vidullanka’s two issuances of unlisted commercial paper of LKR100 million each. The ratings reflect Vidullanka’s weak counterparty, […]