Bain and Cyrus Capital submit final bids for Virgin Australia: The Guardian

Bain Capital and Cyrus Capital Partners are submitting their final bids for bankrupt airline Virgin Australia, reported The Guardian.

Bain Capital and Cyrus Capital Partners are submitting their final bids for bankrupt airline Virgin Australia, reported The Guardian. The news outlet noted that “the airline owes about $2 billion total to 6,500 unsecured bondholders, the second-most numerous creditor group behind employees that will vote on a deal at a meeting in August.”

Source: The Guardian