by Amruth Sundarkumar | Sep 29, 2022 | Corporates, Distressed / Defaulted Bonds, Hong Kong
To avert insolvency, HK Airline has planned for an HK$ 49bn ($6.2bn) debt restructuring through UK and Hong Kong courts. The HNA Group carrier stated, “HK Airline is seeking court approval to convene meetings of its creditors and put forward its restructuring...