Fitch Upgrades Ceylon Electricity Board to ‘BB+(lka)’; Outlook Stable
Sri Lanka’s government is planning to take over 70 percent of debt owed by the Ceylon Electricity Board to the
Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘
Fitch Ratings has upgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘RD’ (Restricted Default). Fitch typically does