Debt Investment for Acquisition of Private Jet/Prop Manufacturing Company (Out of Bankruptcy)

This listing presents a debt investment opportunity for the acquisition of a 15-year-old private jet and propeller manufacturing and distribution company. The company is currently in bankruptcy proceedings, offering a unique opportunity to acquire substantial assets, including an estimated $75 million in inventory and $60 million in purchase orders. The business generates approximately $12 million annually from servicing and parts for its existing fleet of 350 aircraft. The acquisition is time-sensitive, requiring closure around November 8, 2020, to avoid auction. The buyer has already invested $2 million to date, and the purchase price is expected to be a fraction of the asset value, with original development costs exceeding $1 billion. Post-acquisition, the company is projected to stabilize.