Reuters reported that AIG said in a regulatory filing that it has not received a scheduled deposit payment in relation to its sale of airplane leasing company ILFC to a Chinese consortium.

As previously reported on monitordaily, on December 9, 2012, AIG and an investor group led by Weng Xianding, the chairman of New China Trust, announced that they entered into a share purchase agreement under which AIG will sell 80.1% of its equity to the investor group for approximately $4.2 billion in cash, with an option for the investor group to buy an additional 9.9% stake.

To read the Reuters report click here.

To read the regulatory filing click here.

Previously on monitordaily: To read the regulatory filing AIG Enters Deal to Extend ILFC Sale Deadline, May 14, 2013.