Mexican carrier Aeromexico seeks debtor-in-possession financing -statement

MEXICO CITY, Aug 13 (Reuters) – Mexican carrier Aeromexico , which filed for Chapter 11 bankruptcy protection in the United States at the end of June, said on Thursday in a statement it is seeking debtor-in-possession financing.

“Today we obtained, subject to court approval, commitments for a $1.0 billion senior secured superpriority multi-tranche debtor in possession term loan facility, the DIP Facility, with funds managed by affiliates of Apollo Global Management Inc.,” Aeromexico said. (Reporting by Noe Torres; Writing by Stefanie Eschenbacher; Editing by Anthony Esposito and Chris Reese)

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