Virgin Australia’s unsecured creditors will receive between 9¢ and 13¢ for each dollar they are owed under the airline's sale to Bain Capital in a deal worth $3.5 billion.
source https://www.smh.com.au/business/companies/virgin-bondholders-fears-realised-as-3-5b-sale-price-to-bain-revealed-20200825-p55p0m.html?ref=rss&utm_medium=rss&utm_source=rss_feed
source https://www.smh.com.au/business/companies/virgin-bondholders-fears-realised-as-3-5b-sale-price-to-bain-revealed-20200825-p55p0m.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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