Asia/Pacific

Fitch assigns SriLankan Airlines’ Guaranteed USD Bonds ‘B’ Final Rating

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Fitch assigns SriLankan Airlines’ Guaranteed USD Bonds ‘B’ Final Rating

Fitch Ratings has assigned a final ‘B’ rating to SriLankan Airlines Limited’s (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024. The final rating on the bonds is in line with the expected rating assigned on 19 June 2019.The issuance proceeds were used to repay the...

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