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GE Capital to sell PK AirFinance to Apollo, Athene Holding

Aug 29, 2019 - peHUB
Mergers and Acquisitions

Apollo Global Management LLC and Athene Holding Ltd agreed to buy PK AirFinance from GE Capital’s Aviation Services. Financial terms weren’t announced. Apollo is buying the PK AirFinance aircraft lending platform, while Athene will acquire PK AirFinance’s existing portfolio of loans.

PRESS RELEASE

NEW YORK, Aug. 29, 2019 (GLOBE NEWSWIRE) — Apollo Global Management, LLC ( APO ) (NYSE: APO); Athene Holding Ltd. ( ATH ); and GE Capital ( JAMTF ), the financial services arm of GE...