Fitch Ratings has withdrawn Home Lands Skyline (Pvt) Ltd.'s (HLSL) National Long-Term Rating. Prior to the withdrawal, HLSL's National Long-Term Rating was 'A(lka)' with a Negative Outlook.
Fitch is withdrawing the rating because the agency does not have sufficient information to maintain the rating. Therefore, Fitch will no longer provide analytical coverage or ratings for HLSL.
KEY RATING DRIVERS
Not applicable as the rating has been withdrawn.
RATING SENSITIVITIES
Not applicable as the rating has been withdrawn.
ISSUER PROFILE
HLSL is a property developer in Sri Lanka engaged in the development and sale of land, houses and apartments, mainly to middle-income customers.
REFERENCES FOR SUBSTANTIALLY MATERIAL SOURCE CITED AS KEY
DRIVER OF RATING
The principal sources of information used in the analysis are described in the Applicable Criteria.
Fitch no longer has sufficient information to maintain the rating. Therefore, the rating has been withdrawn.