Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2

Ricevuto oggi:

NOTICE OF RESCHEDULED MEETING OF CREDITORS PURSUANT TO 11 U.S.C. § 341


PLEASE TAKE NOTICE that the meeting of creditors pursuant to section 341 of title 11 of the United States Code for Bristow Group Inc. and certain of its affiliates, the debtors and debtors in possession in the above captioned cases, that is currently scheduled for July 16, 2019 at 2:00 p.m. (Central Time) has been rescheduled at the direction of the Office of the United States Trustee to July 23, 2019 at 3:00 p.m. (CT). The meeting will be held at the Bob Casey Federal Courthouse, 515 Rusk Street, Room 3401, Houston, Texas 77002.
 
Ricevuto oggi:

NOTICE OF RESCHEDULED MEETING OF CREDITORS PURSUANT TO 11 U.S.C. § 341


PLEASE TAKE NOTICE that the meeting of creditors pursuant to section 341 of title 11 of the United States Code for Bristow Group Inc. and certain of its affiliates, the debtors and debtors in possession in the above captioned cases, that is currently scheduled for July 16, 2019 at 2:00 p.m. (Central Time) has been rescheduled at the direction of the Office of the United States Trustee to July 23, 2019 at 3:00 p.m. (CT). The meeting will be held at the Bob Casey Federal Courthouse, 515 Rusk Street, Room 3401, Houston, Texas 77002.
E io che avevo già prenotato l'aereo per Houston...prendiamola a ridere va...
 

Avis Budget Car Rental LLC And Avis Budget Finance Inc.'s $400 Million Senior Unsecured Notes Rated 'BB' (Recovery: '4')

  • 19-Jun-2019 09:11 EDT
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NEW YORK (S&P Global Ratings) June 19, 2019--S&P Global Ratings today assigned its 'BB' issue-level rating and '4' recovery rating to Avis Budget Car Rental LLC and Avis Budget Finance Inc.'s proposed $400 million senior unsecured notes due 2027. The notes are guaranteed by their parent Avis Budget Group Inc. The '4' recovery rating indicates our expectation that lenders would receive average (30%-50%; rounded estimate: 35%) recovery of their principal in the event of a payment default. The company will use the proceeds from these notes to redeem a portion of its outstanding senior unsecured notes due 2023 and for general corporate purposes.

Our ratings on Avis Budget Group Inc. reflect the company's position as one of the largest global car rental companies and the price-competitive and cyclical nature of on-airport car rentals. Our ratings also incorporate the relatively stable cash flow that the company's car rental business generates--even during periods of earnings weakness--and its substantial capital spending requirements, which it can quickly reduce if industry or economic conditions warrant.
 

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