Friday, March 30, 2012

Exclusive: Hawker Beechcraft readies bankruptcy filing_Financial ...

NEW YORK/WASHINGTON (Reuters) ? Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc?s private equity arm and Onex Corp , is preparing to file for bankruptcy protection in the next several weeks, according to several people familiar with the matter. Hawker, which was bought by the private equity firms in 2007 for $3.3 billion, is negotiating a prearranged bankruptcy with its largest lenders, which include Centerbridge Partners, Angelo Gordon and Capital Research & Management, these sources said on Wednesday. Hawker and Onex declined to comment. ?

Source: http://finance-dot.com/finance/exclusive-hawker-beechcraft-readies-bankruptcy-filing/

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