Future Looking Up for Little Bird Manufacturer
Things are finally "coming up Milhouse" for MD Helicopters following the announcement that will see the company through its current rough patch after an infusion of $60 million in new capital. MD Helicopters, famous manufacturer of the Hughes MD 500, or 'Little Bird' after its common military nickname, has entered into an agreement with a creditor consortium led by Bardin Hill and MBIA Insurance Corporation.