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US: Visteon emergence faces further obstacles

Visteon’s proposed emergence from bankruptcy is facing further obstacles from certain creditors. Bloomberg reports that one group of creditors is claiming they have enough votes to defeat the proposed reorganisation plan. The report, citing an unidentified person familiar with the situation, claims that three distressed-debt investors (Fulcrum Capital Holdings, Hain Capital Subscribe to Automotive World … Continued

Visteon’s proposed emergence from bankruptcy is facing further obstacles from certain creditors. Bloomberg reports that one group of creditors is claiming they have enough votes to defeat the proposed reorganisation plan.

The report, citing an unidentified person familiar with the situation, claims that three distressed-debt investors (Fulcrum Capital Holdings, Hain Capital

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https://www.automotiveworld.com/articles/82817-us-visteon-emergence-faces-further-obstacles/

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