To stave off any haircut in Jet Airways, the lenders of the company have already started approaching prospective investors, informed sources said on Friday.
Accordingly, the lenders led by the State Bank of India (SBI) have approached various prospective buyers from conglomerates to a global private equity firm for sale of their stake in the financially challenged airline.
Sources said that Tata Group, TPG Capital and Delta-Air France-KLM are among the companies approached by the lenders. When contacted, a Tata Group spokesperson, however, said: “We don’t comment on market speculation”.
