Fitch withdraws rating on HNB Finance’s proposed debt

15 Mar 2022 - {{hitsCtrl.values.hits}}

Fitch Ratings has withdrawn the expected National Long-Term Rating of ‘BBB+(EXP)(lka)’ assigned to HNB Finance PLC’s (HNBF; A(lka)/Stable) proposed Sri Lankan rupee-denominated subordinated unsecured debentures on 21 September 2021.
Fitch is withdrawing the expected rating as the issuance is no longer expected to convert to a final rating in the near future.