ICRA upgrades ratings of Hayleys PLC
ICRA Lanka Ltd. has upgraded the issuer rating of Hayleys PLC (“Hayleys”/ “the Group) to [SL]AA- from [SL]A+; the Outlook remains Stable. ICRA Lanka has also upgraded the issue ratings to [SL]AA- from [SL]A+, assigned to the company’s two-Senior Unsecured Listed Redeemable Debenture programmes, amounting to Rs. 3,527 million and Rs. 3,000 million, respectively while…