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Message: <blockquote data-quote="SadSandun" data-source="post: 24295500" data-attributes="member: 427049"><a href="http://www.lankabusinessonline.com/fitch-assigns-sri-lankas-usd-bonds-final-b-rating/" target="_blank">http://www.lankabusinessonline.com/fitch-assigns-sri-lankas-usd-bonds-final-b-rating/</a>Fitch Assigns Sri Lanka’s USD Bonds Final ‘B’ RatingAuthor LBOPosted on March 14, 2019 | Bills & Bonds, EconomyMar 14, 2019 (LBO) –  Fitch Ratings has assigned a final rating of ‘B’ to the following bonds issued by Sri Lanka on 7 March 2019: USD1 billion 6.85% bond due 2024, USD1.4 billion 7.85% bond due 2029.This replaces the expected rating of ‘B (EXP)’ that Fitch assigned on 6 March 2019.KEY RATING DRIVERSThe ratings are in line with Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) of‘B’ with a Stable Outlook.RATING SENSITIVITIESThe ratings would be sensitive to any changes in Sri Lanka’s Long-Term Foreign-Currency IDR.Fitch downgraded Sri Lanka’s Long-Term Foreign- and Local-Currency IDRs to ‘B’ from ‘B+’, with aStable Outlook, on 3 December 2018.</blockquote>

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