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SriLankan Airlines Successfully Restructures $175 Million Debt with Bond Swap
FINANCIAL CHRONICLE – State-owned SriLankan Airlines has successfully swapped a defaulted US$175 million debt with a new manageable payment plan, the island nation’s national carrier said in a statement. On Friday (20), the company launched an official invitation to holders of the existing bonds to tender and exchange their holdings for cash and the U.S.$-denominated
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IMF Delegation Arrives in Sri Lanka for Dual Reform Assessments
FINANCIAL CHRONICLE – An International Monetary Fund staff team will be in Colombo from next Monday to hold discussions on the island nation’s fifth and sixth reviews of Sri Lanka’s reform programme, the global lender said in a statement. “An IMF staff team will visit Sri Lanka from March 23 to April 9, 2026, to
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Sri Lanka has entered a phase it had hoped never… Read more: Fuel Crisis Deepens – Emergency Procurement Signal System Stress - India Steps In – A New Energy Axis Emerges
As traditional supply routes come under strain, Sri Lanka is… Read more: India Steps In – A New Energy Axis Emerges - The Airline That Stopped Bleeding – and Started Thinking
Much respected Sarath Ganegoda urged to stay on by State.… Read more: The Airline That Stopped Bleeding – and Started Thinking
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