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

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 (Reuters) - Brazilian airline 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 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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