AIG Says Deposit Not Received in Deal to Sell Plane-Leasing Unit

American International Group Inc. (AIG), the insurer that repaid a U.S. bailout, said it hasn’t received a deposit that was called for under its deal to sell the International Lease Finance Corp. plane-leasing unit to a group of Chinese Buyers.

“The deposit amount was not received by the escrow agent when due,” New York-based AIG said today in a regulatory filing. Jim Ankner, a spokesman for AIG, declined to comment.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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