ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has reaffirmed the Issuer rating of [SL]A+ (pronounced S L A plus1) with Stable outlook for Access Engineering PLC (“AEL”/ “the Company”).
ICRA Lanka has also reaffirmed the Issue Rating of [SL]A+(pronounced S L A plus) with Stable outlook for the Company’s Senior unsecured redeemable debenture programme amounting to Rs 5,000 million.
ICRA Lanka has taken a consolidated view on Access Engineering PLC and its subsidiaries as a whole, in reaffirming the ratings, given the operational and financial linkages among them.
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