Thursday, September 24, 2020

Garrett Motion bondholders discuss rival bankruptcy loan, report says

The original $250 million bankruptcy financing package the supplier proposed was attacked by shareholders and former parent Honeywell, in part because it contained deadlines that could rush a potential $2.1 billion sale to KPS Capital Partners, Bloomberg reported.



from Section Page News - Automotive News https://ift.tt/3j3dsAt

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