Visteon may skip March bond payment - analyst

Newswire

NEW YORK, Feb 26 (Reuters) - Auto parts maker Visteon Corp may choose to forgo a bond interest payment due in March and instead try to sure up financing to fund itself through a bankruptcy restructuring, research firm KDP Investment Advisors said. Visteon, the former parts affiliate of Ford Motor Co , on Wednesday posted a wider fourth quarter loss of $328 million and said it was in danger of breaching its covenants in its loan agreements. For details, see [ID:nN24415219] The company ...

Premium Content (PAID Subscription Required)

"Visteon may skip March bond payment - analyst" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 9, 2016
Video
WardsAuto

FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×