  
Fitch Ratings has assigned an expected national long-term rating of ‘A+(EXP)(lka)’ to debt instruments issued by Sri Lanka-based Asia Asset Finance.
The evaluation provides an assessment of the credit profile associated with the proposed obligations. The expected rating designation indicates that the assignment is subject to the review of final documentation aligning with preliminary details evaluated by the credit rating agency.
Key Developments
- Fitch Ratings evaluated the debt profile of Sri Lanka’s Asia Asset Finance.
- An expected rating of ‘A+(EXP)(lka)’ was assigned to the financial instrument.
- The assessment reflects the credit risk profile under the national rating scale for Sri Lanka.
The assignment outlines the creditworthiness benchmark for Asia Asset Finance’s debt in the domestic market.