Cargo

Quito refinances €250m debt and secures €70m facility with Apollo to fund global cargo expansion

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Quito refinances €250m debt and secures €70m facility with Apollo to fund global cargo expansion

Quito Group has refinanced €250m of debt and secured a new €70m investment facility as it looks to accelerate expansion across its global air cargo and logistics operations.  The financing, structured with Apollo Global Management, a U.S. asset manager, strengthens the company’s balance shee...

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