Group eyes $1.5B loan to buy stake in AIG aircraft lessor

07/11/2013 | Reuters

A consortium looking to acquire a 90% stake in American International Group's aircraft-leasing unit is trying to obtain a $1.5 billion syndicated loan from Taiwanese banks. The loan would back a $4.753 billion bid for the stake in International Lease Finance. AIG agreed in December to sell to the group, which comprises P3 Investments, New China Trust and China Aviation Industrial Fund.

View Full Article in: