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Moody's Keeps EasyJet on Review for Downgrade Ahead of GBP5.7 Billion Merger

MT Newswires·08/10/2026 06:34:23
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06:34 AM EDT, 08/10/2026 (MT Newswires) -- Moody's on Monday put easyJet's (EZJ.L) Baa2 long-term issuer rating on review for downgrade after the budget airline agreed to Apollo Global Management's 5.7 billion-pound-sterling takeover offer. The rating agency expects the planned merger to lead to a "material deterioration" of easyJet's credit profile.