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03 December, 2013 09:46 AM Source: Lanka Business Online - LBO
Fitch Ratings.jpg

A two billion rupee debt issue by Sri Lanka's Abans Limited, which has interests in consumer durables has been rated 'A-(lka)', Fitch Ratings said.
The rating is the same as the senior debt of the company.

The full statement is reproduced below:-

Fitch Rates Abans's Debentures Final 'A-(lka)'

02 Dec 2013 3:24 AM (EST) Fitch Ratings-Colombo-02 December 2013: Fitch Ratings has assigned Abans Limited's issue of up to LKR2bn of senior unsecured redeemable debentures a final National Long-Term Rating of 'A-(lka)'.

The final rating is the same as the expected rating assigned on 23 September (see 'Fitch Rates Abans's Debentures 'A-(lka)(EXP)' on www.fitchratings.com), and follows receipt of final documents conforming to information previously received. More...

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