Brazil Azul says it concluded debt restructuring process-March 2024-www.financetom.com

Brazil Azul says it concluded debt restructuring process

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Brazil Azul says it concluded debt restructuring process

Jan 28, 2025 3:43 PM

SAO PAULO, Jan 28 (Reuters) - Brazilian airline Azul ( AZUL )

said on Tuesday it has finalized a debt restructuring

process regarding financial obligations with bondholders,

aircraft makers and firms that lease planes, according to a

securities filing.

Azul ( AZUL ) said the process included the termination of almost

$1.6 billion in debt from its balance sheet, while it also

raised $525 million in fresh money.

Previous page： BMO on The Day Ahead in Canada Next page： Duckhorn Portfolio to Be Acquired by Butterfly Equity in Roughly $1.95 Billion All-Cash Deal

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

BMO on The Day Ahead in Canada

Oct 7, 2024

07:54 AM EDT, 10/07/2024 (MT Newswires) -- After last week's blowout United States jobs report, all eyes will be on September employment figures in Canada, said Bank of Montreal (BMO). The report comes out on Friday and the bank noted that employment is expected to rise a moderate 20,000 in the month, somewhat below the 26,000 average seen over the...

Duckhorn Portfolio to Be Acquired by Butterfly Equity in Roughly $1.95 Billion All-Cash Deal

Oct 7, 2024

07:53 AM EDT, 10/07/2024 (MT Newswires) -- The Duckhorn Portfolio ( NAPA ) and Butterfly Equity said Monday they have signed a deal under which the private equity firm will buy Duckhorn for roughly $1.95 billion in cash, or $11.10 per share. Duckhorn's common shares will stop trading on the New York Stock Exchange upon deal closure, which is anticipated...

Dundee Precious Metals Details Preliminary Third Quarter Production Results

Oct 7, 2024

07:56 AM EDT, 10/07/2024 (MT Newswires) -- Dundee Precious Metals ( DPMLF ) on Monday detailed preliminary gold and copper production results for the three and nine months ended September 30, 2024. Chelopech continued to deliver strong results, consistent with its long track record. Gold production at Ada Tepe was impacted by temporary operational challenges during the quarter, which have...

Chevron Sells $6.5B Assets To Canadian Natural Resources: Details

Oct 7, 2024

Chevron Corporation ( CVX ) and Canadian Natural Resources Limited ( CNQ ) shares are trading higher premarket on Monday. Chevron’s subsidiary penned a deal to sell a stake in several projects and assets to Canadian Natural Resources for $6.5 billion in cash. In particular, the oil and gas giant plans to sell its 20% non-operated stake in the Athabasca...