Apollo, Citigroup and Direct Lending
Citigroup And Apollo Team Up For $25Bn Private Credit, Direct Lending Program
Citi and Apollo said that they "expect strong client demand and maintain the flexibility to significantly expand the size of the program beyond the initial $25 billion."
Citigroup Inks Deal to Form Private Credit Program With Apollo
Citigroup Inc. C and Apollo Global Management Inc. APO have inked a deal for a subsidiary of Citigroup and certain affiliates of Apollo to establish a revolutionary $25-billion private credit, direct lending program.
Citigroup, Apollo Agree to $25 Billion Private Credit, Direct Lending Program
Citigroup and Apollo Global Management entered into an exclusive agreement to form a $25 billion private credit, direct lending program. The companies said the program will initially be rolled out in North America, but will potentially expand to further regions and beyond the initial $25 billion scope.
Citi joins hands with Apollo for $32b private credit programme
The programme can expand to more geographies and stretch beyond the US$25 billion target. Read more at straitstimes.com.
Citi, Apollo In Deal To Form $25 Bln Private Credit, Direct Lending Program
Banking major Citigroup Inc. (C) and alternative asset manager Apollo Global Management (APO) announced Thursday that they have
Citi and Apollo announce $25 billion private credit, direct lending program
Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit,
Citi joins hands with Apollo for $25 billion private credit program
Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending program, illustrating a growing alliance between banks and non-banks looking for a slice of the lucrative $2 trillion market.
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Livewire Markets2d
What do falling rates mean for Private Markets?
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Demystifying Private Credit Investing
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KBRA Assigns Ratings to BlackRock TCP Capital Corp.
KBRA assigns issuer and senior unsecured debt ratings of BBB- to BlackRock TCP Capital Corp. (NASDAQ: TCPC or "the company"). The rating Outlook is Stable.