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A.R.B.J Rajapaksha
Tourism and Hospitality
SriLankan Airlines and Government Confirm Unsuccessful Conclusion of Initial Talks with Ad Hoc Bondholder Group
A.R.B.J Rajapaksha
Aug 06 2025
274SriLankan Airlines and the Government of Sri Lanka have announced the unsuccessful conclusion of recent restricted discussions with key bondholders regarding the restructuring of the airline’s defaulted US$175 million guaranteed bonds. Despite constructive engagement between 28 July and 1 August 2025, the parties failed to reach a consensus, citing significant differences between proposals put forward by the airline and the Ad Hoc Group of Bondholders.
The following are the announcements made to the Singapore Stock Exchange.
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