ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »Most creditors approve Hong Kong Air’s $6.3bn debt restructuring plan
Bloomberg Most creditors of Hong Kong Airlines Ltd voted to support the carrier’s proposed HK$49 billion ($6.3 billion) debt restructuring, a step to stave off insolvency after travel to and from the city dried up the past three years. Of those voting among three classes of creditors, holders of at least 80% of the debt in each class backed the ...
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