Category: Markets

  • Fitch Confirms ‘AAA’ Rating for Sri Lanka’s Hayleys

    Fitch Confirms ‘AAA’ Rating for Sri Lanka’s Hayleys

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    Fitch Ratings has affirmed the National Long-Term Rating of ‘AAA(lka)’ for Sri Lankan conglomerate Hayleys PLC, citing the company’s diversification and substantial export activities as key factors. The ratings for Hayleys’ outstanding senior unsecured debentures have also been maintained at ‘AAA(lka)’. According to Fitch, Hayleys’ rating is supported by its significant operational scale and the

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