Tag: Fitch Publishes AAA(lka) Rating for Hayleys Proposed Debentures

Fitch Ratings has published the National Long-Term Rating of ‘AAA(lka)’ for Sri Lankan conglomerate Hayleys PLC’s (AAA(lka)/Stable) proposed senior unsecured redeemable debentures of up to LKR7 billion. The proposed debentures are rated in line with Hayley’s National Long-Term Rating and existing unsecured notes because we believe there will be limited subordination risk to debenture holders […]