SriLankan Airlines and the Government of Sri Lanka have announced that they have reached an agreement in principle with the Ad Hoc Group of Bondholders on the financial parameters of the restructuring of its USD 175 million in Guaranteed Bonds due June 2024. Issuing a joint statement, the two parties said that the agreement was reached with six members of the Ad Hoc Group of Bondholders following restricted discussions during the restricted period, between 23 October and 19 November 2025. SriLankan Airlines was joined by its financial and legal advisors, Lazard and Norton Rose Fulbright LLP, respectively, while the Ad…
USD 175M debt restructuring : SriLankan Airlines, Government reach in-principle deal with Bondholders
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