KM Financial Solutions | Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale
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Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale

Virgin Australia administrators halt bondholder payments, appoint Morgan Stanley for sale

Virgin Australia Holdings Ltd’s
administrators have halted payments to bondholders and
appointed Morgan Stanley to help sell the airline within four
months, said a participant in a meeting of creditors owed nearly
A$7 billion ($4.58 billion).

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