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Fitch revises Sunshine Holdings’ National Long-Term Rating to ‘A(lka)’ from ‘A-(lka)’; Outlook Stable

June 08, 2020: Fitch Ratings has revised the National Long-Term Rating of Sunshine Holdings (CSE:SUN), to ‘A(lka)’ from ‘A-(lka)’ and has simultaneously affirmed its Outlook Stable. The rating revision of the diversified conglomerate, along with two other non-financial corporates, follows the recalibration of Fitch’s Sri Lankan National Rating scale to reflect changes in the relative