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HELIQ - CHC News Story

$0.45 0.1  32.4%

Last Trade - 24/03/17

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £848.9m
Position in Universe th / 6626

BRIEF-CHC Group successfully emerges from court-supervised restructuring

Fri 24th March, 2017 8:05pm
March 24 (Reuters) - CHC Group Ltd  HELIQ.PK  
    * CHC Group successfully emerges from court-supervised 
restructuring 
    * CHC Group Ltd- CHC completed its court-supervised 
financial restructuring process and emerged as a significantly 
stronger, better-capitalized company 
    * CHC Group Ltd - Pursuant to restructuring plan, company 
received $300 million in new capital from its existing creditors 
    * CHC Group Ltd -Restructuring plan also provides company 
terms for restructured aircraft leases 
    * CHC Group Ltd -Restructuring plan provides option for 
additional asset based financing commitments of $150 million 
from milestone Aviation Group Limited 
 
Source text for Eikon:  ID:nMKW65PH8a  
Further company coverage:  HELIQ.PK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))
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