Bankruptcy Court Approves Philippine Airlines to Access $20MM of DIP Facility
The United States Bankruptcy court approved all first day motions on an interim or final basis for Philippine Airlines’ voluntary restructuring, including approving access to the first $20 million of its debtor-in-possession financing totaling $505 million provided by Buona Sorte Holdings.
September 13, 2021
Buona Sorte Holdings | Philippine Airlines
Ian Koplin