Financial creditors, which includes banks, have claimed ₹10,231 crore, while 2,400 operational creditors have claimed ₹12,372 crore from Jet Airways. “The shares held by Jet Airways in JPPL will be transferred to the successful bidder," said one of the two people cited above, adding that JPPL is likely to be an attractive asset for potential bidders of Jet Airways. “Lenders expect bidders to play a significant premium for the JPPL stake in their overall bid for Jet Airways," the person added. “Several private equity firms had recently expressed their interest to pick up a portion of Jet Airways’ stake in JPPL. Meanwhile, the resolution professional (RP) appointed by lenders of Jet Airways has invited EoIs from prospective bidders by 3 August.

Source: Mint July 21, 2019 17:48 UTC