Russian Fund RA Creator has been provisionally shortlisted as an eligible resolution applicant for Jet Airways. The resolution professional (RP) for the grounded airline has sought additional information from the Russian fund and sent across a non-disclosure agreement (NDA) to give access to Jet’s financial details, sources told FE.
“Prima facie RA Creator was eligible as a resolution applicant, we have sought some more information. Parties that sign the NDA will get access to the data room, and the process can be taken forward,” the source said.
