VAH virgin australia holdings limited
Add to My Watchlist 0.00% ! 8.6¢

Ann: VAH (Administrators appointed)- Sale and Implementation Deed, page-71

  1. jimk3758
    23,989 Posts.
    lightbulb Created with Sketch. 83
    clock Created with Sketch.
    28/06/20
    16:18
    Post #: 45498648
    OK so you are revising the Bain total offer price to be no more than $1.5B which means all creditors both secured and unsecured will take a loss.

    Now remind me again why creditors will vote yes to that when the bondholders proposal will see secured creditors and employees receive 100% and unsecured bondholders receive 70% back?
    VAH Price at posting: 8.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Copper and Base Metals Targets Confirmed at Minbrie with Drilling Ahead
right-arrow Created with Sketch.
CC9 Chariot to Acquire Majority Stake in a Nigerian Lithium Portfolio
right-arrow Created with Sketch.
NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS Trump just dropped a 200% tariff bomb. Here's how to cash in
right-arrow Created with Sketch.
NEWS Gold and Copper Targets Identified by Koonenberry at Prince of Wales Project
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.