Chile’s Alsacia closes in on restructuring

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Chile’s Alsacia closes in on restructuring

Alsacia
Santiago, Chile. 8th August 2012 -- A transit bus was torched by protesters during the demonstration. -- Groups of masked men burned three buses Transantiago system caterpillar, amid protests from students who participated in an unauthorized march in Plaza Italia in Santiago, Chile. The march was repressed by police. | Mario_Tellez Tellez / Demotix/Demotix/Press Association Images

Chilean bus company Alsacia will present its restructuring proposals to a US court after more than four fifths of its bondholders approved the plans.

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