Apollo adds four banks to interim financing for easyJet deal
Apollo said four more banks will join the interim financing arrangements supporting its cash acquisition of easyJet.
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what happened
Newsmetry API reported that Eagle Bidco Ltd, indirectly owned by the Apollo Funds, entered a second amendment and restatement agreement on 12 October 2026 for interim financing of its proposed cash acquisition of easyJet plc. The transaction is intended to proceed through a court-sanctioned scheme under Part 26 of the Companies Act 2006.
Bank of China Limited, London Branch, Goldman Sachs International Bank, Morgan Stanley Senior Funding, Inc. and National Westminster Bank Plc have joined the original lenders and the eight banks added on 31 August 2026. The related financing documents were amended to reflect their participation.
easyJet and Bidco had previously said that the scheme document would be sent to easyJet shareholders on or before 15 October 2026. Copies of the updated agreements will be posted on the easyJet and Apollo websites, subject to restrictions applying to residents of certain jurisdictions.
why it matters
The expanded lender group marks another financing step in Apollo’s proposed acquisition of easyJet. The announcement concerns funding arrangements and does not change the previously stated terms of the cash transaction.
instruments
sources
- REG - Apollo Mgmt. H L.P. easyJet PLC - 2nd Amendment to the Interim Facilities Agreement — Newsmetry API, 12 October 2026 at 15:25 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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