Fitch assigns People's Leasing's proposed subordinated debt final 'BBB+(lka)'
Fitch Ratings has assigned Sri Lanka-based People's Leasing & Finance PLC's (PLC, A(lka)/Stable) proposed Sri Lankan rupee-denominated s
Fitch Ratings has assigned Sri Lanka-based People's Leasing & Finance PLC's (PLC, A(lka)/Stable) proposed Sri Lankan rupee-denominated s
10 billion a final National Long-Term Rating of 'BBB+(lka)'. The proposed debentures are rated two notches below PLC's National Long-Term Rating. PLC's National Long-Term Rating was upgraded to 'A(lka)' from 'A-(lka)' on 24 January 2025 following the upgrade of its parent, People's Bank (Sri Lanka) (PB), to 'AA-(lka)' from 'A(lka)'.
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