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

Corruption’s Heavy Price Resulting in  Public Sector Failures Dragging Economy

Sri Lanka’s economic recovery in 2026 continues to be...

Colombo Port’s Next Act: Can Expansion Power Sri Lanka’s Economic Revival?

As Sri Lanka struggles to sustain its fragile economic...

Digital Leap or Data Trap? Weighing India’s Role in Sri Lanka’s e-ID Push

Sri Lanka’s planned National Digital Identity system marks a...

Sri Lanka Must Match India’s Economic Momentum With Policy Clarity

While India signals readiness to deepen economic engagement with...