Daily News Online
SUNDAY OBSERVER - SILUMINA eMobile Adz    

Friday, 5 July 2013

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | OTHER PUBLICATIONS   | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Fitch maintains Ceylease's 'BB+(lka)' on RWP

Fitch Ratings Lanka is maintaining Ceylease Ltd's (CL) National Long-Term rating 'BB+(lka)'on Rating Watch Positive (RWP).

CL was placed on RWP in January 2013 following Merchant Bank of Sri Lanka Plc's (MBSL) announcement in December 2012 that the Board of Directors of MBSL has approved a merger between, CL and with MCSL Financial Services Limited's (MFSL; BBB(lka)/Stable).

CL's rating reflects its association with its main shareholder Bank of Ceylon (BOC) (AA+(lka)/Stable) in terms of its shareholding of 55% in CL, and its representation on the latter's board. The RWP reflects the likelihood of CL's rating being upgraded to align with MFSL's rating upon the conclusion of the merger.

 

EMAIL |   PRINTABLE VIEW | FEEDBACK |

LANKAPUVATH - National News Agency of Sri Lanka
www.army.lk
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
www.news.lk
www.defence.lk
Donate Now | defence.lk
www.apiwenuwenapi.co.uk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright 2013 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor