Jet financier Amedeo in tie-up with Intrepid Aviation

Aircraft financier Amedeo said Monday it had agreed a partnership with the owners of Intrepid Aviation Holdings, in a deal bringing together two leasing firms that have bet their futures on the high-stakes market for wide-body jetliners. Under the deal, private equity firms Centerbridge Partners and Reservoir Capital agreed to acquire a minority of Amedeo Capital, while Amedeo will take a minority share in Intrepid and also take over its US aircraft management subsidiary. The deal keeps Intrepid's core shareholders on board and offers Amedeo a fleet of 30 planes, all but one of which are wide-bodies, more than doubling its managed fleet of 19 big jets and giving it access to a broader selection of types. <br/>
Reuters
https://www.nytimes.com/reuters/2018/07/02/business/02reuters-aircraft-finance-amedeo.html
7/2/18