SriLankan Airlines and govt reach agreement in principle with bondholders on bond restructuring

SriLankan Airlines and govt reach agreement in principle with bondholders on bond restructuring
SriLankan Airlines and govt reach agreement in principle with bondholders on bond restructuring

SriLankan Airlines and the Government of Sri Lanka have reached a preliminary agreement with bondholders for restructuring USD 175 million in Guaranteed Bonds due June 2024, pending approval from the Cabinet, IMF, and the Official Creditor Committee.

source http://www.adaderana.lk/news.php?nid=114944