NTB drops Rs. 3 b debt issue; Fitch withdraws expected rating

Tuesday, 2 December 2014 00:24 - - {{hitsCtrl.values.hits}}

Fitch Ratings has withdrawn the expected rating of ‘A(lka)(EXP)’ assigned to Nations Trust Bank Plc’s proposed senior unsecured debentures of up to Rs. 3 b as the bank no longer expects to proceed with the debt issue. The expected rating was assigned on 29 October 2014.

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