Latest news with #RachelGamarski
Bloomberg
14-05-2025
- Business
- Bloomberg
Azul, Creditors Are Exploring Options Including Chapter 11
By , Rachel Gamarski, and Giovanna Bellotti Azevedo Save Azul SA and its creditors are exploring options for the struggling Brazilian airline, including a Chapter 11 bankruptcy filing, according to people familiar with the matter. The discussions are active and nothing is final, said the people who asked to remain anonymous discussing private negotiations. The company has been working to secure additional funding from bondholders after launching a follow-on share offering aimed at improving its capital structure.
Bloomberg
24-04-2025
- Business
- Bloomberg
Azul Creditors Said to be Asked for Capital to Back Equity Raise
By , Giovanna Bellotti Azevedo, and Rachel Gamarski Save An investment bank has approached Azul SA creditors to drum up fresh capital to backstop an equity raise as part of the Brazilian airline's debt restructuring plan, according to people familiar with the matter. PJT Partners has been calling the air carrier's existing bondholders to discuss options, said the people, who asked not to be named as the talks are private.
