Aeromexico says US court approves $1b financing bid
Aeromexico said Wednesday a New York court had approved the bid it made last week to secure debtor-in-possession financing of up to $1b as the Mexican airline goes through bankruptcy proceedings in the US. “The DIP financing will grant Aeromexico sufficient liquidity to restructure satisfactorily under Chapter 11 proceedings,” the company said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-08-21/sky/aeromexico-says-us-court-approves-1b-financing-bid
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Aeromexico says US court approves $1b financing bid
Aeromexico said Wednesday a New York court had approved the bid it made last week to secure debtor-in-possession financing of up to $1b as the Mexican airline goes through bankruptcy proceedings in the US. “The DIP financing will grant Aeromexico sufficient liquidity to restructure satisfactorily under Chapter 11 proceedings,” the company said.<br/>
