Hawker Beech Secures $120 Million Lifeline Loan
Hawker Beechcraft has reached an agreement with lenders that will provide a $120 million loan as the company negotiates with creditors to avoid default. Hawker Beech said it intends to use the proceeds of the loan to fund operations as it continues working with its lenders on broader recapitalization. The company in February named turnaround […]