HBC Files Forms To De-Register Bonds | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Tue, May 01, 2012

HBC Files Forms To De-Register Bonds

Will No Longer Have To Report Financials Quarterly To SEC

Hawker Beechcraft has filed paperwork with the SEC that will allow it to keep its financial information private. An analyst not authorized to speak to the media told the Wichita Eagle that it will allow the company to keep its financial records private, which means competitors will not be able to learn about the company's finances. It also saves time and money for the company.

According to the SEC, the filing requirement can be foregone when there are fewer than 300 shareholders for the class of bonds offered, or If the company has fewer than 500 shareholders for the security and less than $10 million in total assets in each of the past three fiscal years.

Corporate Jet Investor reports that the move is commonly seen in organizations undergoing reorganization under Chapter 11. Rumors have been floating around for some time that HBC was preparing for bankruptcy, though so far that has not happened.

FMI: www.hawkerbeechcraft.com

Advertisement

More News

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

Aero-News: Quote of the Day (05.03.24)

"We are reaching out to you today on behalf of the Popular Rotorcraft Association because we need your help. We are dangerously close to losing a critical resource that if lost, wi>[...]

ANN's Daily Aero-Term (05.03.24): UAS Traffic Management (UTM)

UAS Traffic Management (UTM) The unmanned aircraft traffic management ecosystem that will allow multiple low altitude BVLOS operations and which is separate from, but complementary>[...]

ANN's Daily Aero-Linx (05.03.24)

Aero Linx: Society of Aviation and Flight Educators (SAFE) SAFE is a member-oriented organization of aviation educators fostering professionalism and excellence in aviation through>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC