Business
UBS, Deutsche backing rebels chasing Virgin – The Australian Financial Review
Two hedge funds trying to recapitalise the airline and overrule the prospective sale to Bain Capital have named their supporters.
In documents filed in the Federal Court on Wednesday, the funds named some of their more prominent allies.
They include UBS, Credit Suisse Deutsche Bank, Morgans, Mason Stevens, Escala Partners, Crestone, Aberdeen Standard Investment, Litespeed Management, Mutual Limited, Yarra Capital Management Alexander Funds Management and Avenue Asset Management Limited.
In total, there are about 60 bondholding financial institutions owed $800 million that have indicated support for the alternative propos…
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