EA Partners I, EA Partners II reveal formation of noteholder committee

By Caroline Salls

Pittsburgh, July 10 – EA Partners I BV and EA Partners II BV said a steering committee of noteholders has been formed to consider and develop a consensual resolution of the issues surrounding EA I’s $700 million of 6 7/8% notes due 2020 and EA II’s $500 million of 6¾% notes due 2021.

The EA Partners entities said they have not verified the percentage of notes represented by the steering committee.

To date, the companies said they have only had preliminary discussions with the steering committee’s financial adviser and counsel.

PJT Partners has been hired by the steering committee as financial adviser and Dechert LLP as international legal counsel.

EA Partners is an Amsterdam-based provider of air transportation services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.