Fitch Ratings Affirms ‘C’ Rating for SriLankan Airlines’ Government-Guaranteed Bonds

Date:

May 10, Colombo (LNW): Fitch Ratings has maintained its ‘C’ rating on SriLankan Airlines Limited’s (SLA) USD 175 million government-guaranteed 7% unsecured bonds scheduled to mature on June 25, 2024.

The rating is underpinned by the unconditional and irrevocable guarantee provided by the government of Sri Lanka, whose Long-Term Foreign-Currency Issuer Default Rating stands at ‘RD’.

Share post:

spot_imgspot_img

Popular

More like this
Related

Uncertainty Looms Over Provincial Council Elections

Uncertainty Looms Over Provincial Council Elections

PM Embarks on Diplomatic Mission to India for Bilateral Talks and Keynote Address

PM Embarks on Diplomatic Mission to India for Bilateral Talks and Keynote Address

Economic Activity on the Rise as Sri Lanka’s Manufacturing and Services Sectors Gain Momentum

Economic Activity on the Rise as Sri Lanka's Manufacturing and Services Sectors Gain Momentum

Heavy falls above 100 mm likely in several districts (Oct 16)

Heavy falls above 100 mm likely in several districts (Oct 16)