US: Visteon’s trade creditors seek improved deal

According to a Reuters report, some of Visteon's trade creditors are stepping up their opposition to the supplier's current Chapter 11-related plan of reorganisation, which they said stands to pay similar non-trade creditors in full while giving them just 50 cents on the dollar. Trade creditors believe that recent bond trading, Subscribe to Automotive World … Continued

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• June 11, 2010