Intrepid Aviation, an aircraft lessor with a portfolio of 30 modern aircraft, withdrew its plans for an initial public offering on Monday. It originally filed in November 2014 with a proposed deal size of $150 million.
The Stamford, CT-based company was founded in 2011 and booked $271 million in revenue for the 12 months ended March 31, 2017. It had planned to list on the NYSE under the symbol INTR. Goldman Sachs, Deutsche Bank, Jefferies, RBC Capital Markets and Credit Agricole CIB were set to be the joint bookrunners on the deal.
