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Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
26 Nov 2024 (7:13 PM) Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) No decision to ban tuition classes - Cabinet Spokesman
26 Nov 2024 (4:03 PM) Deputy Minister reveals procedure for importing vehicles
26 Nov 2024 (4:08 PM) Red alert issued as deep depression intensifies near Sri Lanka
26 Nov 2024 (5:53 PM) Cabinet Spokesman responds to claims over lack of Muslim Ministers
26 Nov 2024 (4:50 PM) |
The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. 
The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. 
The Cabinet Spokesman, Minister Dr. Nalinda Jayatissa clarified that no decision has been taken to ban tuition classes in the country. 
Deputy Minister of Economic Development Prof. Anil Jayantha Fernando clarified the procedure for importing vehicles in the future, emphasizing the role of foreign reserve limitations in the process. 
The Department of Meteorology has issued a Red alert warning for the land and the deep and sallow sea areas around the island due to the deep depression over Southwest Bay of Bengal. 
Sri Lanka s new government has responded to allegations over the lack of Muslim representation in its Cabinet of Ministers. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
