Citi and Apollo Introduce $25 Billion Private Credit, Direct Lending Program
Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) announced that they have entered into an exclusive agreement for a subsidiary of Citi.
Citigroup, Apollo Partner For $25B Private Credit Program, Expanding Corporate Lending Access
Citigroup and Apollo Global Management have agreed to a $25 billion private credit and direct lending program, starting in North America and potentially expanding. This aims to enhance access and funding certainty for strategic transactions,
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,
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 $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.
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."
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