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Golden Cross

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Re: Golden Cross post# 3435

Thursday, 05/20/2021 10:40:52 AM

Thursday, May 20, 2021 10:40:52 AM

Post# of 8224
Thai Airways creditors approve restructuring plan

Link:
https://www.nasdaq.com/articles/thai-airways-creditors-approve-restructuring-plan-2021-05-19

BANGKOK, May 19 (Reuters) - Thai Airways International's THAI.BK creditors have voted to approve the airline's restructuring plan, its legal advisor said on Wednesday.

"Ninety percent of creditors voted to approve the plan," Kitipong Urapeepatanapong told Reuters, adding a court will need to review the plan on May 28. Last year, a court approved the troubled airline's request for bankruptcy protection and debt restructuring.

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