Sun Country Airlines

Allegiant and Sun Country Airlines to Combine

Allegiant and Sun Country Airlines sign definitive merger agreement

Allegiant and Sun Country Airlines have announced a definitive merger agreement under which Allegiant will acquire Sun Country in a combined cash and share transaction valuing the airline at approximately US$1.5 billion, including US$0.4 billion of net debt. The implied value is US$18.89 per Sun Country share. Under the terms of the agreement, Sun Country […]

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MUFG closes US$75 Million financing for Sun Country Airlines AirTeamImages

MUFG closes US$75 million financing for Sun Country Airlines

Mitsubishi UFJ Financial Group (MUFG), a provider of financial services, has closed a US$75 million senior secured revolving credit facility (RCF) for Sun Country Airlines (Sun Country). MUFG acted as sole structuring agent and joint lead arranger with a US$37.5 million commitment. Sumitomo Mitsui Banking Corporation, serving as the other joint lead arranger, provided the

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