Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale
Virgin Australia Holdings Ltd’s
administrators have halted payments to bondholders and
appointed Morgan Stanley to help sell the airline within four
months, said a participant in a meeting of creditors owed nearly
A$7 billion ($4.58 billion).
administrators have halted payments to bondholders and
appointed Morgan Stanley to help sell the airline within four
months, said a participant in a meeting of creditors owed nearly
A$7 billion ($4.58 billion).
Posted by Reuters
