Varig's Financial Facelift Progresses
In a communique to the Sao Paulo Stock Exchange, Varig further advanced its restructuring timetable by increasing guarantees on a bond issue, with maturity in 12 months, to make debt more enticing to potential investors. It will use receivables to approval of back up $18 million in local currency...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.




