Visteon Ch. 11 Plan, $700M Exit Financing OK'd
Judge Christopher Sontchi of the U.S. Bankruptcy Court for the District of Delaware overruled the objections of shareholders and Visteon retirees before signing off on a plan that includes a $1.25 billion sale of stock to bondholders.
Visteon’s major bondholders include Goldman Sachs Group Inc. and a...
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