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

Justice Minister Warns of Severe Prison Overcrowding Amid Drug Arrest Surge

January 20, LNW (Colombo): Minister of Justice Harshana Nanayakkara told...

Bimal Rathnayake Questions Authenticity of Ashoka Ranwala’s Doctorate

January 20, LNW (Colombo): Transport, Highways and Urban Development...

Mainly Dry Weather Across the Island; Frost Possible in Nuwara Eliya (Jan 20)

LNW (Colombo): Mainly dry weather will prevail in the...

World’s Rarest Sapphire Shines amid Sri Lanka Gem Trade Decline

World’s Rarest Sapphire Shines amid Sri Lanka Gem Trade Decline