Delta to Acquire $185M in Apollo’s Aeromexico Tranche 2 Debt

July 1, 2021, 6:40 PM

Delta Air Lines intends to exercise its option to acquire $185 million of Apollo’s credit rights in the second tranche of the DIP loan Apollo made to Aeromexico, according to an Aeromexico statement.

  • Delta’s decision is to provide support to Aeromexico given its strategic relationship with its partner, the company said
  • NOTE: Aeromexico Gets Exit Proposal as Judge Grants Deadline Extension

To contact the reporter on this story:
Andrea Navarro in Mexico City at anavarro30@bloomberg.net

To contact the editors responsible for this story:
Chester Dawson at cdawson54@bloomberg.net

Nacha Cattan

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