Apollo Global Management Enters USD1.5b Financing Agreement with Brazil’s Embraer

Source(s): EVA International Media

Apollo Global Management, through its affiliate Apollo Funds, agreed to provide up to USD1.5b in financing to customers of Brazil-based aerospace manufacturer Embraer. In the first transaction under the agreement, Apollo entered into a sale and leaseback agreement with Canada-based Porter Airlines for six Embraer airplanes to be delivered in 2023. Read more