AirAsia X creditors agree to take 99.5% haircut

Nikkei Asia | Nov. 14, 2021, 6:01 a.m. | Original

KUALA LUMPUR -- Creditors of budget carrier AirAsia's long-haul sister airline have approved a debt restructuring arrangement that proposes paying 0.5% of the debt owed and disbanding all existing obligations.

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