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Virgin Australia creditors approve Bain Capital's $2.5 billion rescue deal
来源: 编辑:编辑部 发布:2020/09/08 11:33:34
VIRGIN Australia Holdings creditors have approved Bain Capital's acquisition of the airline, the last hurdle in the private equity firm's bid to restructure the business that became insolvent last April, reported Bloomberg.
The crucial vote on the A$3.5 billion (US$2.5 billion) rescue package by all the airline's creditors - including bondholders, suppliers and employee unions - was passed Friday, according to statements from Bain and administrator Deloitte.
"We can now continue the rebuilding process from the strongest possible platform and with the least disruption," Mike Murphy, a managing director of Bain Capital, said in a statement.
The crucial vote on the A$3.5 billion (US$2.5 billion) rescue package by all the airline's creditors - including bondholders, suppliers and employee unions - was passed Friday, according to statements from Bain and administrator Deloitte.
"We can now continue the rebuilding process from the strongest possible platform and with the least disruption," Mike Murphy, a managing director of Bain Capital, said in a statement.