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Apollo Set to Favor Aircraft Funding Over Junk Bonds for EasyJet

Bloomberg Markets Tuesday 06 October 2026, 10:27 UTC By Claire Ruckin 1 min read
Key Points

Apollo Set to Favor Aircraft Funding Over Junk Bonds for EasyJet Apollo Global Management is set to opt for aircraft financing rather than high yield bonds for a £3.5 billion debt package backing its acquisition of low-cost carrier EasyJet Plc. Barclays, Credit Agricole, Citibank, Standard Chartered Bank and Lloyds initially provided an underwritten bridge financing to back the buyout. A number of other banks subsequently participated in the interim bridge financing, which comprises a £3.5...

Apollo Set to Favor Aircraft Funding Over Junk Bonds for EasyJet Apollo Global Management is set to opt for aircraft financing rather than high yield bonds for a £3.5 billion debt package backing its acquisition of low-cost carrier EasyJet Plc. Barclays, Credit Agricole, Citibank, Standard Chartered Bank and Lloyds initially provided an underwritten bridge financing to back the buyout. A number of other banks subsequently participated in the interim bridge financing, which comprises a £3.5 billion ($4.6 billion) senior secured note bridge facility and a £1.3 billion revolving credit facility.
Apollo Set (ORG) EasyJet Apollo Set (ORG) EasyJet Apollo Global Management (ORG) EasyJet Plc (ORG) Barclays (ORG) Credit Agricole (ORG) Citibank (ORG) Standard Chartered Bank (ORG) Lloyds (ORG)
Originally published by Bloomberg Markets Read original →

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