Hawker Beechcraft is lining up $600 million in financing as part of its plan to formally exit bankruptcy next month. At the same time, the Wichita airframer is defending its request for a “distress termination” of two of its three pension plans, saying it would be “impossible” to emerge from Chapter 11 bankruptcy protection otherwise. The company filed a motion with the U.S. Bankruptcy Court for the Southern District of New York for authorization to move forward with the financing ...
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