Wednesday, 09 May 2007

UPDATE 1-Northwest creditors approve exit plan

(Reuters) - The No. 5 U.S. airline said 97 percent of creditor votes were in favor of the plan. The final voting result will be filed later this week with the U.S. bankruptcy court, the company added.

The voting result is an important step in Northwest's plan to exit bankruptcy by the end of June with an equity value of more than $7.8 billion.


Read more at Reuters.com Bonds News

No comments: