Hawker Beechcraft Releases Restructuring Plan

Hawker Beechcraft Releases Restructuring Plan: Debt Reduction Agreement Supported by A Majority Of Senior Secured Lenders And Senior Bondholders Hawker Beechcraft announced on Tuesday that it has reached an agreement with a significant number of its senior secured lenders and senior bondholders on the terms of a financial restructuring plan that will strengthen the company for the future and eliminate approximately $2.5 billion in debt and approximately $125 million of annual cash interest expense.