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Apollo Set to Favor Aircraft Funding Over Junk Bonds for EasyJet
Source: Bloomberg
M&A & RestructuringCredit & Bond MarketsTransportation & Logistics
Apollo Global Management is reportedly set to use aircraft financing rather than high-yield bonds for a £3.5 billion debt package backing its acquisition of low-cost carrier EasyJet Plc. The brief report provides no terms for the financing or further details on the acquisition.
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