GE Capital to Sell PK AirFinance to Apollo and Athene Holding

Paul, Weiss is representing GE Capital and its GE Capital Aviation Services unit in their sale of PK AirFinance to Apollo Global Management, LLC and Athene Holding Ltd. In connection with the transaction, Apollo will acquire the PK AirFinance aircraft lending platform and Athene will acquire PK AirFinance’s existing portfolio of loans. Completion of the transaction is expected during the fourth quarter of 2019.

The Paul, Weiss team includes corporate partners Steven Williams, Robert Zochowski, Manuel Frey and Eric Goodison and counsel Ji Lu; tax partners Jeffrey Samuels and Scott Sontag and counsel Alyssa Wolpin; intellectual property partners Claudine Meredith-Goujon and Chuck Googe; employee benefits partner Lawrence Witdorchic and counsel Jarrett Hoffman and Jason Ertel; and antitrust counsel Marta Kelly.