Fitch rates DFL Caribbean preference shares BB-

Fitch Ratings said it assigned a BB- rating to 8% preference shares issued by DFL Caribbean Holdings Ltd., the holding company for the DFL Group.

The preference shares total TT$25 million and qualify as class D capital (75% equity credit) by Fitch due to the cumulative nature of the dividends and time period to redemption, which begins in May 2018.

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