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Hawker Beechcraft Inc, the aircraft manufacturer owned by Goldman Sachs Group Inc's (NYS:GS - News) private equity arm and Onex Corp (TOR:OCX.TO - News), is preparing to file for bankruptcy protection

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Thu, 29 Mar 12 2:23 AM | 46 view(s)
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Another great investment for goldies clients. Muppets they call them now,,,,,,,,,,,,,

according to 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, the sources said.

Hawker and Onex declined to comment. Goldman Sachs and the lenders were not immediately available for comment.

Centerbridge

http://finance.yahoo.com/news/exclusive-hawker-beechcraft-readies-bankruptcy-192346483.html?l=1

http://finance.yahoo.com/news/exclusive-hawker-beechcraft-readies-bankruptcy-192346483.html?l=1




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