Tag: Fitch Affirms SriLankan Airlines Government Guaranteed Bonds at C; Withdraws Rating

Fitch Ratings has affirmed the rating on SriLankan Airlines Limited’s (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 at ‘C’, and withdrawn the rating. The rating on the bonds was driven by the unconditional and irrevocable guarantee of the government of Sri Lanka (Long-Term Foreign-Currency Issuer Default Rating (IDR): RD). Fitch has […]