{"id":350201,"date":"2020-05-07T11:37:43","date_gmt":"2020-05-07T06:07:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350201"},"modified":"2020-05-07T12:22:10","modified_gmt":"2020-05-07T06:52:10","slug":"jet-lenders-to-make-another-attempt-to-find-a-buyer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-lenders-to-make-another-attempt-to-find-a-buyer\/","title":{"rendered":"Jet lenders to make another attempt to find a buyer"},"content":{"rendered":"<p>Its over year since Jet Airways suspended operations but the lenders have decided to make another attempt to get a new buyer. The Committee of Creditors (CoC) of Jet Airways is set to invite fresh Expression of Interest (EoI) for the airline. The lenders at a meeting on Wednesday have decided to relax the networth requirement for prospective bidders.<\/p>\n<p>According to sources, during the e-meeting with the CoC, the Resolution Professional proposed a fresh round of EoI. \u201cThe CoC has in-principle agreed to invite fresh bids as the players who had submitted their bids earlier round failed to submit a resolution plan prior to the deadline.\u201d<\/p>\n<p>Prudent ARC; a consortium of Enso Group and Russia-based Far East Development Fund; and South American Conglomerate Synergy group, were in the race to bid for the debt-strapped Jet. But none of them submitted a financial bid.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Its over year since Jet Airways suspended operations but the lenders have decided to make another attempt to get a new buyer. The Committee of Creditors (CoC) of Jet Airways is set to invite fresh Expression of Interest (EoI) for the airline. The lenders at a meeting on Wednesday have decided to relax the networth requirement for prospective bidders. According to sources, during the e-meeting with the CoC, the Resolution Professional proposed a fresh round of EoI. \u201cThe CoC has in-principle agreed to invite fresh bids as the players who had submitted their bids earlier round failed to submit a [&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":[130],"tags":[],"class_list":["post-350201","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350201","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=350201"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350201\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}