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Virgin Atlantic

Old 19th Jun 2020, 15:51
  #501 (permalink)  
 
Join Date: Jul 2010
Location: Freedom Sound
Posts: 225
Oh dear, hope not for VS's sake.
esscee is offline  
Old 19th Jun 2020, 19:42
  #502 (permalink)  
 
Join Date: Mar 2011
Location: East Midlands
Posts: 450
Originally Posted by VickersVicount View Post
GreyBull investments sniffing around bid for VS by all accounts...
Greybull should not be allowed to touch another company never mind another airline !!!

Last edited by Cazza_fly; 20th Jun 2020 at 05:42.
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Old 27th Jun 2020, 17:47
  #503 (permalink)  
 
Join Date: Nov 2007
Location: Northern Ireland
Posts: 53

Virgin Atlantic targets £900m rescue deal within days

Sir Richard Branson’s flagship company is targeting early next month to seal a privately funded bailout

Virgin Group and Delta Air Lines, Virgin Atlantic's existing shareholders would provide around £250m of new funding support to Virgin Atlantic
This weekend, two proposals from rival hedge funds Davidson Kempner Capital Management and Elliott to provide up to £250m in debt funding to the British carrier are being considered.
Davidson Kempner, an investor in British companies such as the outsourcer Interserve and Oak Furnitureland, is said to be a marginal frontrunner at this stage.
A multitude of advisers, including Houlihan Lokey, Alvarez & Marsal, Deloitte, Morgan Stanley and EY are working for various stakeholders on the Virgin Atlantic rescue deal.
https://news.sky.com/story/coronavir...-days-12015887
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Old 27th Jun 2020, 22:08
  #504 (permalink)  
 
Join Date: Feb 2008
Location: LIVERPOOL
Age: 55
Posts: 113
Originally Posted by Cazza_fly View Post
Greybull should not be allowed to touch another company never mind another airline !!!
GreyBullsh1t as I prefer, because anything they promise Is Bullsh1t , for the sake of any VS staff I hope they donít get involved...
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Old 28th Jun 2020, 11:13
  #505 (permalink)  
 
Join Date: Jul 2004
Location: Surrey, England
Posts: 26
Lots of words in the Sky report except the word “loan”. Is this what we are talking about if Virgin Atlantic’s stake remains at 51% and if so at what rate?
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