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Message: <blockquote data-quote="monson" data-source="post: 29003172" data-attributes="member: 30005">ඕක ඉතින් කුහක ජෙප්පන්ගෙ ලනු කන උන්ට අමුතු චූන් එකක් උනාට නොකර බැරි DDR එකෙන් පස්සේ වෙන සාමන්‍ය දෙයක්  <img src="/styles/default/xenforo/smilies/default/lol.gif"  class="smilie" loading="lazy" alt=":lol:" title="LOL    :lol:" data-shortname=":lol:" />  <img src="/styles/default/xenforo/smilies/default/lol.gif"  class="smilie" loading="lazy" alt=":lol:" title="LOL    :lol:" data-shortname=":lol:" />"ECONOMYNEXT – Fitch Ratings has downgraded Sri Lanka’s rupee bonds to ‘C’ from ‘CC’ after the announcement of a domestic restructure plan, and said the rating will be further cut to restricted default after the plan goes ahead.“In Fitch’s view, the proposed DDO will qualify as a distressed debt exchange (DDE) under our criteria, as it entails a material reduction in terms and is needed to avoid a traditional payment default,” the rating agency said in a statement.“We will downgrade the LTLC IDR to ‘RD’ upon closing of the exchange offer and following confirmation that the exchange will be executed. The government plans to complete the exchange within July.”"- <a href="https://economynext.com/fitch-downgrades-sri-lankas-local-rating-to-c-after-ddr-125396/" target="_blank">https://economynext.com/fitch-downgrades-sri-lankas-local-rating-to-c-after-ddr-125396/</a></blockquote>

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