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Allco sale gets approval from 12 lenders

05 August 2009

The fight to acquire Allco Finance Group's aviation assets continues.

Read more: Allco Bravia Capital Partners HNA Group Bharat Bhise

HNA Group and Bravia Capital Partners have received consent from 12 lenders out of almost 30 in their bid to buy Allco Aviation, according to sources close to the deal. However, approval is conditionally based on certain legal and regulatory procedures being met.

HNA and Bravia will begin a two week roadshow today, which will start in Sydney and moving on to Singapore and Hong Kong this...


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