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’.
The rating on the bonds is driven by the unconditional and irrevocable guarantee of the government of Sri Lanka (Long-Term Foreign-Currency Issuer Default Rating: ‘RD’).
Fitch-Affirms-SriLankan-Airlines-Government-Guaranteed-Bonds-at-C