Sun Country Airlines Holdings $64 million secondary offering
The shares are listed on the Nasdaq Global Select Market
Davis Polk advised the underwriters in connection with the $64.0 million secondary offering of 4,000,000 shares of common stock of Sun Country Airlines Holdings, Inc. by an affiliate of certain investment funds managed by affiliates of Apollo Global Management, Inc. Sun Country Airlines is listed on the Nasdaq Global Select Market under the symbol “SNCY.”
Sun Country Airlines is a new breed of hybrid low-cost air carrier that dynamically deploys shared resources across its synergistic scheduled service, charter and cargo businesses. Based in Minnesota, Sun Country Airlines focuses on serving leisure and visiting friends and relatives passengers; serving charter customers; and providing crew, maintenance and insurance service to Amazon. It has flights throughout the United States and to destinations in Canada, Mexico, Central America and the Caribbean.
The Davis Polk capital markets team included partner Michael Kaplan and associate Sarah Greene. The tax team included partner Mario J. Verdolini and associate Tyler Scheiner. The intellectual property team included partner Frank J. Azzopardi and associate S. Dream Montgomery. Counsel David A. Zilberberg provided environmental advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the New York office.