Hawker Beechcraft is lining up $600 million in financing as part of its plan to formally exit bankruptcy next month. The Wichita airframer filed a motion with the U.S. Bankruptcy Court for the Southern District of New York for authorization to move forward with the financing packages to emerge from bankruptcy. Of the $600 million, $375 million would be a term loan taken to repay most of the $400 million in debtor-in-possession financing the company received to help fund its ...


"HBC Secures 'Exit' Financing To Emerge From Bankruptcy" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.