Business
Big bondholders underwrite Virgin capital raising plans – The Australian Financial Review
Virgin Australia’s institutional bondholders would underwrite a $1 billion-odd capital raising to help launch the company back on to the ASX boards.
The bondholders said they had been through Paul Scurrah and Co’s plans carefully, with the help of former Virgin Blue boss Rob Sherrard, and were ready to back its implementation.
The bondholders al…
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