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

President Orders Unrestricted Flood Relief & Faster Response Measures

President Anura Kumara Dissanayake has directed authorities to provide...

Kaduwela Exit Flooded: Motorists Urged to Use Alternative Routes

The Kaduwela exit of the Southern Expressway has been...

Sri Lanka Safe and Fully Open for Tourism Despite Seasonal Rains – SLTDA

Sri Lanka remains safe and fully open for travel and...

Nearly 44,000 People Affected by Cyclonic Storm Ditwah

A total of 43,991 individuals from 12,313 families have been affected...