TITLE

US Airways-HSBC Settlement Would Give Bondholders 27 Cents on Dollar

AUTHOR(S)
Braun, Martin Z.
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/18/2002, Vol. 342 Issue 31535, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the settlement between HSBC Bank USA and US Airways Group Inc. wherein holders of unsecured special facility revenue bonds sold by the Philadelphia Authority for Industrial Development on behalf of US Airways Group Inc. would receive 27 cents on the dollar. Hearing at the U.S. Bankruptcy Court in Alexandria, Virginia on January 16, 2003 to approve the settlement; Details of institutions holding bonds.
ACCESSION #
8899514

 

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