Reuters reported that a consortium led by P3 Investments is seeking to raise a $1.5 billion syndicated loan from Taiwanese banks to back a $4.753 billion bid for a 90% stake in International Lease Finance, AIG’s aircraft leasing unit.

Reuters said AIG agreed to sell 80.1% of ILFC in December to a consortium consisting of P3 Investments, New China Trust, which is one-fifth owned by Barclays, and China Aviation Industrial fund.

To read the full Reuters story click here.

Previously on monitordaily: AIG Revives ILFC IPO After Extending Sale Deadline, June 24, 2013