March 24, 2017 / 8:15 PM / 5 months ago

BRIEF-CHC Group successfully emerges from court-supervised restructuring

March 24 (Reuters) - CHC Group Ltd

* 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: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below