Trending3 sourcesUpdated 19m ago

Fitch Upgrades Sri Lanka Telecom’s Rating

Fitch Ratings has upgraded Sri Lanka Telecom PLC's national long-term rating to 'AA+(lka)' from 'AA-(lka)', following recalibration of the country's rating scale. The upgrade reflects changes in relative creditworthiness after Fitch raised Sri Lanka's sovereign IDR. SLT remains constrained by its parent's weaker credit profile.

AIThe headline and summary here were written with AI from the newsrooms' reports and checked against them. AI can make mistakes, so read the linked reports for the full account.

Share this story

Full coverage

Ada Derana Biz19m agoFitch Revises Sri Lanka Telecom to 'AA+(lka)' Following National Rating Scale Recalibration
Hiru News - English1h agoFitch upgrades SLT’s national rating to AA+(lka) following recalibration
Lanka Business Online2h agoFitch Revises Sri Lanka Telecom to ‘AA+(lka)’ Following National Rating Scale Recalibration
Lanka Business Online2h agoFitch Upgrades Kotagala Plantations to ‘B-(lka)’; Outlook Stable

What this story is about

Organisations

Supreme Court of Sri Lanka
Sri Lanka Telecom PLC
Sri Lanka Telecom
Telecom PLC
Fitch Ratings
The Colombo Fort Land & Building PLC
Kotagala Plantations PLC

Places

United States
Sri Lanka
Colombo