{"id":283903,"date":"2019-07-23T05:34:00","date_gmt":"2019-07-23T05:34:00","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283903"},"modified":"2019-07-23T05:34:00","modified_gmt":"2019-07-23T05:34:00","slug":"creditors-tap-private-detectives-to-probe-busted-goldman-sachs-airline-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/creditors-tap-private-detectives-to-probe-busted-goldman-sachs-airline-deal\/","title":{"rendered":"Creditors tap private detectives to probe busted Goldman Sachs airline deal"},"content":{"rendered":"<p>NEW YORK: It was a fundraising like none other: an unusual structure. Goldman Sachs teaming up with two obscure brokerages. And the controversial financier, Lars Windhorst, acting as one of the deal\u2019s architects behind the scenes.<\/p>\n<p>Investors snapped up the $1.2 billion in bonds that, in turn, channelled proceeds to a cluster of airlines linked to Etihad Airways. Within months, bankers handling the sale were crisscrossing the Atlantic, collecting awards for their creativity. Two years later, the deal went bust.<\/p>\n<p>A group of creditors is now resorting to unconventional tactics to recoup losses. They\u2019ve hired a private intelligence firm. The mission: Dig out details into how the deal came together, including the roles played by Windhorst, the airline and the fundraising group, according to people with knowledge of the situation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK: It was a fundraising like none other: an unusual structure. Goldman Sachs teaming up with two obscure brokerages. And the controversial financier, Lars Windhorst, acting as one of the deal\u2019s architects behind the scenes. Investors snapped up the $1.2 billion in bonds that, in turn, channelled proceeds to a cluster of airlines linked to Etihad Airways. Within months, bankers handling the sale were crisscrossing the Atlantic, collecting awards for their creativity. Two years later, the deal went bust. A group of creditors is now resorting to unconventional tactics to recoup losses. They\u2019ve hired a private intelligence firm. The [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-283903","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283903","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283903"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283903\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}