Fitch Downgrades Sri Lanka's Debt Rating To "Restrictive Default"

Fitch has downgraded debt-ridden Sri Lanka's sovereign rating to "restricted default" after the country defaulted on making international sovereign bond payments at the end of the 30-day grace period.

source https://www.ndtv.com/business/fitch-downgrades-sri-lanka-to-restrictive-default-2992610