News Timor Oriental Investment funds: PAL exits Chapter 11 bankruptcy process
Published on: Friday 31 December 2021
News source: https://www.msn.com/en-ph/money/economy/pal-exits-chapter-11-bankruptcy-process/ar-AASkcV3
improvements in PAL’s critical operational agreements and additional liquidity including a $505 million investment in long-term equity and debt financing from PAL’s majority shareholder.