Fitch revises Rating Watch on Melsta Regal Finance to Evolving from Negative

Fitch Ratings has revised the Rating Watch on Melsta Regal Finance Ltd’s (MRF) National Long-Term Rating of ‘A+(lka)’ to Evolving from Negative. The rating action follows the announcement dated 2 April 2018 that a consortium led by Fairfax Financial Holdings Limited of Canada (Fairfax) will acquire 100% of the equity in Sri Lanka-based MRF from […]