Apollo funds commit up to $1.5bn to Embraer customer financing agreement

Embraer has signed a memorandum of understanding with an affiliate of Apollo, on behalf of its clients and managed funds, with respect to a US$1.5 billion customer financing program for Embraer’s regional aircraft. Apollo, working alongside Embraer, will offer a comprehensive range of innovative and bespoke solutions across the spectrum of customer and delivery financing. The program also includes options to explore financing for customers’ ESG focused projects, such as the development of green technologies. Apollo’s financing capabilities encompass various debt financing alternatives along with PDP (Progress Delivery Payment) financing and a full suite of leasing options. Funding would be