Quantcast

Canadian Roundup: Canadian Aircraft Bonds Distressed

Bondholders are unlikely to approve a financial restructuring plan proposed Canadian Airlines Corp. last week, according to one airline official.

Under the terms of the arrangement, Canadian Airlines' senior secured $175 million, 10% issue due 2005, will be reduced to $162.75 million, translating into a pay-out of only 92...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.