Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…
Boeing has issued a prospectus for an exchange offer of senior notes worth up to $8 billion. This initiative is part of the company’s financial strategy to manage its outstanding debt obligations and optimize its capital structure.
Spirit Airlines, a US-based low-cost carrier, has announced a delay in filing its 10-Q quarterly report due to ongoing restructuring discussions with noteholders. The airline’s decision to postpone the filing reflects its focus on managing debt and financial commitments as it navigates restructuring efforts. These discussions are part of a broader strategy to address Spirit’s financial stability amid…
Fiji Airways has officially commenced repayment of a $33 million loan it received from the Fiji Development Bank four years ago. This milestone marks an important step in the airline’s financial recovery and underscores its commitment to maintaining financial stability amid industry challenges.
