Search results for “HNA Group”
HNA Group commences restructuring with 321 subsidiaries
03/18/2021|7:38:04 PM|
The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.
HNA Group says efforts to resolve liquidity crisis progressing
01/25/2021|4:21:05 PM|
HNA Group owns more than 2,300 companies, and the risk disposal plans were "extremely complicated".
Chinese court approves HNA Group restructuring
02/18/2021|4:31:09 PM|
The ruling, which covers regional carriers Air Changan, Fuzhou Airlines, Grand China Air, GX Airlines, Lucky Air, and Urumqi Air, could have a significant impact on overall fleet size.
Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020|11:56:05 PM|
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
Platinum Equity to buy Ingram Micro from HNA Group in $7.2 billion deal
12/11/2020|10:53:03 PM|
The sale will help HNA Technology, a listed arm of the group, to repay the principal and interest on M&A loans and related debt.
HNA Group founder barred from luxury spending after failing to pay investor in lawsuit
09/17/2020|6:05:51 PM|
The conglomerate has been weighed down by debt worth billions of dollars and has frequently delayed its bond payment commitments.
Senior creditors said to have offered to take control of Swissport from China’s HNA Group
08/14/2020|9:10:08 PM|
The group of creditors holds €1.4 billion of Swissport’s senior secured debt.
HNA Group partners with Alibaba Fliggy; Thomas Cook back in UK as OTA | Daily Brief
09/08/2020|11:16:27 PM|
Tencent-invested OTA partners with LINE unit in Thailand; Resumption of tourism between China, Thailand "not happening any time soon".
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