Sri Lanka#s Global Bond Rated #B+#

Stocks and Financial Services Press Releases Tuesday July 12, 2016 18:06
SINGAPORE--12 Jul--S&P Global Ratings

SINGAPORE (S&P Global Ratings) July 12, 2016--S&P Global Ratings today assigned its 'B+' long-term issue rating to the global bond issued by the Democratic Socialist Republic of Sri Lanka (B+/Negative/B).

The senior unsecured bond constitutes direct, unconditional, unsubordinated, and unsecured general obligations of the issuer, and payments will be backed by the full faith and credit of Sri Lanka. The dual tranche bond has a 5.5- and 10-year maturity.


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