Potential buyers of ILFC are due to submit first round bids next week. Although AIG has still not formally announced that it is looking to sell ILFC a prospectus has been distributed to a number of banks, private equity firms and sovereign wealth fund
"Right now we are deeply involved in the process of separating ILFC and AIG, and re-structuring with potential new equity investors, including management," said Hazy, in an email to Airfinance Journal. "The goal is to have ILFC emerge from this AIG crisis as a strong, stand-alone, well financed...
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