Fitch upgrades Kotagala Plantations to 'B+(lka)'; Outlook negative
Fitch Ratings has upgraded Sri Lanka-based Kotagala Plantations PLC's National Long-Term Rating to 'B+(lka)', from 'RD(lka)'. The Outlook is Negative. Fitch has simultaneously upgraded the National Long-Term Rating of Kotagala's outstanding senior unsecured debentures to 'B+(lka)', from 'C(lka)'.
Source: lankabusinessonline.com