Sri Lanka, March 19 -- SriLankan Airlines and the Government of Sri Lanka have completed the airline's international bond restructuring with over 99% participation, marking a key step in the national carrier's recovery.

Officials said the deal, involving a 16% haircut and new bonds, supports both the airline's stability and Sri Lanka's wider debt restructuring.

Accordingly, SriLankan Airlines Limited and the Government of Sri Lanka today announce the expiration of the Consent Solicitation, Exchange and Tender Offer related to the Company's U.S.$175,000,000 Guaranteed Bonds due June 2024, guaranteed by the Government.

On 20 February 2026, the Airlines launched an official invitation to holders of the Existing Bonds to tender and exchang...