NEW DELHI: Budget carrier SpiceJet has sought shareholders’ nod to issue 5.9% stake to Carlyle Aviation Partners at Rs 48 per share – against Wednesday closing price of Rs 31 on the BSE.
This February, Carlyle, which is SpiceJet’s biggest aircraft lessor, had decided to convert part of its dues to the airline into equity shares and compulsorily convertible debentures (CCDs). It plans to convert dues of over $8 million into equity in the airline.
The biggest of the nine entities is Carlyle Aviation Partners, which is the aircraft financing unit of global private equity giant Carlyle Group. The others include Citrine Aircraft Leasing and Fly Aircraft Holdings.
