Arthur Cox is pleased to advise Apollo Global Management on the provision of a US$700m debtor-in-possession facility to SAS – Scandinavian Airlines as part of the airline’s Chapter 11 restructuring.

Further details of the financing are set out here.

The Arthur Cox cross-disciplinary team was led by Ruth Lillis, Partner, Aviation and Asset Finance, with support from Fintan Kerins, Associate, Aviation and Asset Finance and Bethan Leonard, Associate, Aviation and Asset Finance.