TWA Buys Debt In Sale, Lease-Back Of 767s
TWA yesterday proposed to spend $28.8 million to buy back senior secured notes due in 2003 in a move that will allow the airline to sell and lease back four Boeing 767-200s. TWA will sell the aircraft collateral securing a portion of 11 3/8% notes and all of the collateral for 10 1/4% notes...
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