Monocle Acquisition Corp. (MNCL) and AerSale Revise Deal Terms
Monocle Acquisition Corporation (MNCL), filed an 8-K Tuesday evening announcing a revised Merger Agreement with AerSale Corp. Specifically, Monocle has adjusted the Enterprise Value to $300 million, representing a new multiple of 5.5x 2021E EBITDA, down from an Enterprise Value of $430 million and 6.3x 2020E EBITDA. This deal has been substantially restructured to reflectRead More