Virgin Australia bondholders working on potential revival plan - source
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SYDNEY (Reuters) - Virgin Australia Holdings Ltd bondholders are working on a revival plan for the airline involving a debt-to-equity swap if they are not satisfied with a sale offer, according to a person with knowledge of the matter.Binding bids from finalists Bain Capital and Cyrus Capital Partners were due on Monday for Australia's second-biggest airline, which entered voluntary administration in April and owes nearly A$7 billion to creditors.The airline owes about A$2 billion total to..