Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.
In a regulatory filing, bankruptcy resolution firm Grant Thornton said Jet’s lenders had also approved the eligibility criteria for potential buyers.
The filing did not say how much interim funding had been approved, but a source familiar with the matter told Reuters the lenders had agreed to provide $10 million.
