INSUBCONTINENT EXCLUSIVE:
Sri Lanka has successfully concluded its international bond restructuring, bringing closure to one of the most complex and challenging
worked with them in making the debt exchange a success, as well as officials at the Ministry of Finance and the Central Bank of Sri Lanka
(CBSL), who he said worked tirelessly over the last 32 months towards bringing Sri Lanka out of this deep crisis.Siriwardana, who is also
Sri Lanka now has the opportunity for a fresh beginning, where we must not repeat mistakes of the past, and instead embark on a journey of
Government of Sri Lanka today announced indicative results of its recent consent solicitation and invitation to exchange concerning the
December 12, 2024, expiration deadline.Sri Lanka gained extensive support from private creditors to restructure its international bonds, a
swap their securities for new notes, the government said, citing indicative results of its consent solicitation for the exchange
Once confirmed with official results on Dec
16, the widespread support would mean that the debt restructuring should be completed before year-end.
