{"id":268086,"date":"2019-04-05T04:46:33","date_gmt":"2019-04-05T04:46:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268086"},"modified":"2019-04-05T04:46:33","modified_gmt":"2019-04-05T04:46:33","slug":"beleaguered-jet-airways-lenders-to-invite-bids-for-stake-sale-on-april-6","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/beleaguered-jet-airways-lenders-to-invite-bids-for-stake-sale-on-april-6\/","title":{"rendered":"Beleaguered Jet Airways&#8217; lenders to invite bids for stake sale on April 6"},"content":{"rendered":"<p>Debt-laden Jet Airways&#8217; lenders Thursday said they would invite bids for selling the stake in the airline on April 6 as part of a time-bound resolution plan. <\/p>\n<p>The consortium of lenders, led by State Bank of India (SBI), took stock of the current situation at cash-strapped Jet Airways and decided on the timeline for the stake sale. <\/p>\n<p>The bids would be invited on April 6 and the last date for submission would be April 9, the lenders said in a statement. &#8220;The lenders are cognizant that the outcome of the efforts of the lenders will depend on the interest shown by the parties on the sale of a stake in the company,&#8221; it said. <\/p>\n<p>While all efforts would be made for the stake sale, the lenders said other options &#8220;may be considered&#8221; should these efforts not result in an acceptable outcome.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-laden Jet Airways&#8217; lenders Thursday said they would invite bids for selling the stake in the airline on April 6 as part of a time-bound resolution plan. The consortium of lenders, led by State Bank of India (SBI), took stock of the current situation at cash-strapped Jet Airways and decided on the timeline for the stake sale. The bids would be invited on April 6 and the last date for submission would be April 9, the lenders said in a statement. &#8220;The lenders are cognizant that the outcome of the efforts of the lenders will depend on the interest shown [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-268086","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268086"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268086\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}