PHI files Chapter 11 plan for $630m debt-to-equity swapnews Alasdair Whyte 4 Apr 19 0Oil-and-gas helicopter operator PHI has filed a Chapter 11 plan that proposes a more than $630 million debt-for-equity swap in an effort to trim its… Read more
PHI shareholders suggest selling PHI Air Medical to cover debtnews Alasdair Whyte 13 Sep 18 0Two PHI’s shareholders have sent a letter to the company’s board of directors proposing PHI sell its air medical business to help refinance debt. The… Read more
PHI buys back notes in preparation for new offernews Alasdair Whyte 5 Jul 18 0PHI Helicopters is nearing completion of a tender offer of an early buy-back of notes. These are those outstanding from a 2014 issue of $500… Read more