Nordic Aviation's Ch. 11 Plan Approved With Huge Support

By Vince Sullivan (April 20, 2022, 5:47 PM EDT) -- A Virginia bankruptcy judge confirmed the Chapter 11 plan of aircraft lessor Nordic Aviation Capital on Wednesday, approving a restructuring that will wipe out more than $4 billion of debt through equity swaps and recapitalization transactions and has the support of 99% of the company's voting creditors....

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