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 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "HBC Secures 'Exit' Financing To Emerge From Bankruptcy".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.