US: Visteon mulls unsecured creditors’ proposal

Visteon Corporation has acknowledged that it is studying a reorganisation proposal offered by its unsecured creditors as an alternative to one that would virtually transfer ownership of the company to its secured creditors. According to Automotive News, a spokesman for the supplier, which is currently in Chapter 11, says: "We It’s time to log in … Continued

Visteon Corporation has acknowledged that it is studying a reorganisation proposal offered by its unsecured creditors as an alternative to one that would virtually transfer ownership of the company to its secured creditors. According to Automotive News, a spokesman for the supplier, which is currently in Chapter 11, says: "We

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