Dow Today – Nordic Aviation Capital Files for Bankruptcy for the Second Time
(Bloomberg) — One of the world’s largest aircraft leasing company filed for Chapter 11 as it seeks to restructure its finances for the second time since the beginning of the pandemic.
Denmark-based Nordic Aviation Capital A/S sought bankruptcy protection in Richmond, Virginia to overhaul about $6 billion of debt. On Sept. 24, the company reached an agreement in principle with creditors to fix its balance sheet.
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