Latest News - Written by editor on Friday, October 1, 2010 17:45 - 0 Comments

Visteon Exits Bankruptcy Protection After 16 Months

Visteon Exits Bankruptcy Protection After 16 Months
Visteon Corp.., Once the second-largest U.S. maker of auto parts, emerged from bankruptcy protection today after reducing its debt by about .1 billion.
Read more on BusinessWeek

Visteon marks official emergence from Chapter 11
Dustin Walsh – Van Buren Township-based Visteon Corp.. announced today it has completed its reorganization and emerge from Chapter 11 bankruptcy protection. The supplier said it improved its capital structure and cost, reducing consolidated debt from approximately .7 billion at the time of the filing in May 2009 to about 0 million today. "Today marks a new beginning for Visteon, an …
Read more on Crain's Detroit Business

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