ECONOMYNEXT – Closing negotiations to restructure the debt of Srilankan Airways is underneath manner, Deputy Minister of Finance and Planning Harshana Suriyapperuma mentioned.
“At present the SriLankan Airways remaining debt negotiation is underway with the recognized events,” Minister Suriyapperuma informed parliament Tuesday.
“As soon as it’s finalized we count on the score assigned to Sri Lanka will probably be additional improved.”
SriLankan borrowed from capital markets via a bond which there was a sovereign assure.
Associated Srilankan Airways again within the purple in 2024
SriLankan stopped paying curiosity on the safety after Sri Lanka defaulted on international debt. (Colombo/Feb18/2025)