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