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

To contact the editor responsible for this story: Dan Kraut at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.