- National Development Bank PLC (NDB) at 'A+(lka
); Outlook Stable
"The attack against the AfD office in Doebeln is special given that the explosion was intended to harm people," the LKA
Following the conversion of LKA
's 7.5% convertible debentures and certain its obligations (current payables) by Koski and Abraham related entities, including 1.75m recently issued shares (bonus compensation) to management, LKA
insiders now control over 72% of LKA
's 27,541,308 outstanding shares.
In addition, the agency confirmed the A+(lka
) rating of the bank's subordinated debentures.
The balance sheet mentioned that the LKA
owned a cycle costing Rs 700.
The recovery of an LKA
"enables a family member to know the last page of the last chapter in the life of a loved one," said Newberry.
Singer is rated one notch above its closest peer, Abans PLC (BBB+(lka
)/Stable), despite the latter's better financial profile.
Low Dependence of Singer Finance: We do not believe Singer will be called upon for an additional capital infusion to Singer Finance (Lanka) PLC (BBB(lka
)/Stable) due to the 79.9%-owned finance subsidiary's strong capitalisation, which is well above the regulatory minimum, better-than-peer asset quality and strong funding profile.
Exploration company LKA
Gold Incorporated (OTCQB:LKAI) disclosed on Monday that certain of its largest shareholders and insiders have agreed to convert their 7.5% convertible debentures, plus accrued interest to its common stock at a price of USD0.20 per share.
The national long term rating of Sri Lankan lender DFCC Bank was downgraded by Fitch Ratings Lanka to 'AA-(lka
)' from 'AA (lka
BANKING AND CREDIT NEWS-October 28, 2011--Fitch rates Multi Finance subordinated debentures at B(lka
)(C)2011 M2 COMMUNICATIONS http://www.m2.com