Fitch study shows no defaults for Sri Lanka’s corporate issuers in 2024
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Fitch study shows no defaults for Sri Lanka’s corporate issuers in 2024
ECONOMYNEXT – No financial and non-financial corporate issuers in Sri Lanka defaulted in 2024, a Fitch Ratings analysis of issuers it rated has found. “There were no defaults in 2024 for all corporate finance issuers in Sri Lanka with national ratings assigned by Fitch,” the ratings agency said. The Fitch Sri Lanka National Ratings 2024 Transition and Default Study looked at a distinct historical period. “Transition rates are influenced by a num…
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