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

India’s Disaster Diplomacy: Aid, Rupees, and Regional Influence

India’s Disaster Diplomacy: Aid, Rupees, and Regional Influence

Child Rights or Moral Panic? ‘Mothers Movement’ Campaign Triggers Widespread Public Debate

Child Rights or Moral Panic? ‘Mothers Movement’ Campaign Triggers Widespread Public Debate

Health Officials Warn of Rising Viral Infections and Dengue Risk

Health Officials Warn of Rising Viral Infections and Dengue Risk

Government Targets Up to $2 Bn in Foreign Investment This Year

Government Targets Up to $2 Bn in Foreign Investment This Year