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Brazil Azul says it concluded debt restructuring process

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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.

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