Brazil Azul says it concluded debt restructuring process
ReutersJan 28, 2025 11:18 PM
SAO PAULO, Jan 28 (Reuters) - Brazilian airline Azul AZUL4.SA said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, aircraft makers and firms that lease planes, according to a securities filing.
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised $525 million in fresh money.
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