EasyJet expects Apollo acquisition to close in early 2027
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EasyJet said the purchase by Apollo Global Management is expected to be completed in early 2027, with a transaction value of 5.7 billion pounds.
Apollo plans to fund the deal with 3.5 billion pounds of aircraft‑secured debt and has been offered a 3.5 billion‑pound bridge facility and a 1.3 billion‑pound revolving credit line by several banks, while bonds may also be used; EasyJet will cut up to 700,000 seats this winter because of higher fuel costs and may raise ticket prices if kerosene prices rise further.