SAS AB entered into a debtor-in-possession (“DIP”) financing credit agreement for USD $700 million (the equivalent of approximately SEK 7.0 billion) with funds managed by Apollo Global Management (“Apollo”). DIP financing is a specialized type of...
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August 15, 2022, 08:06 AM
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Clarus Capital completed a new $20 million credit facility for a regional airline.Clarus’ transaction team was led by Matt Worman. “We are delighted to have partnered with our client to provide a constructive, tailored financing solution to support...
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April 18, 2022, 07:23 AM
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Coronavirus' rapidly increasing effect on air travel is placing downward pressure on global airline credit profiles, especially as there are risks that demand takes materially longer than previous shocks to recover, says Fitch Ratings. Most...
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March 16, 2020, 09:10 AM
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