SAO PAULO (Reuters) – Brazilian airline Azul said on Tuesday it has finalized a debt restructuring process regarding financial obligations with bondholders, aircraft makers and firms that lease planes, according to a securities filing.
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised $525 million in fresh money.
(Reporting by Andre Romani; Editing by Aida Pelaez-Fernandez)
