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Monday, 4 March 2019 00:18 - - {{hitsCtrl.values.hits}}
ICRA Lanka Ltd. has revised the issuer rating assigned to MTD Walkers PLC to C from B- with a negative outlook.
ICRA Lanka has also revised the issue rating assigned to MTD’s senior unsecured redeemable debenture program of Rs. 3 billion to C from B- with a negative outlook.
ICRA Lanka has also suspended both ratings as the company has not provided the requisite information to carry out surveillance of these ratings.