Citigroup, Apollo Partner For $25B Private Credit Program, Expanding Corporate Lending Access
Citigroup, Apollo Partner For $25B Private Credit Program, Expanding Corporate Lending Access
By combining Citi's banking expertise with Apollo's capital base, the program is expected to finance approximately $25 billion in debt opportunities over the next few years.Citigroup, Inc. (NYSE:C) has inked an exclusive agreement with Apollo Global Management, Inc. (NYSE:APO) to establish a $25 billion private credit and direct lending program.
花旗集團（紐交所：C）已與阿波羅全球管理公司（紐交所：APO）簽署了獨家協議，建立了一個250億美元的私人信貸和直接貸款計劃。
The program will start in North America, potentially expanding to other regions.
該計劃將在北美開始，可能會擴展到其他地區。
The strategic program aims to enhance access for corporate and sponsor clients to the private lending capital pool, ensuring funding certainty for strategic transactions.
這項戰略計劃旨在爲公司和贊助客戶提供私人借貸資金池的訪問，確保戰略交易的資金確定性。
By combining Citi's banking expertise with Apollo's capital base, the program is expected to finance approximately $25 billion in debt opportunities over the next few years.
通過結合花旗銀行的銀行業務經驗與阿波羅的資本基礎，預計該計劃將在接下來的幾年內爲大約250億美元的債務機會提供融資。
Both firms anticipate strong client demand and have the flexibility to expand the program beyond this initial amount.
兩家公司都預期客戶需求強勁，並具備將該計劃擴展至初始金額以外的靈活性。
The program will involve participation from Mubadala Investment Company as Apollo's strategic partner, along with Apollo's subsidiary, Athene, both of which will have the opportunity to make commitments aligned with their respective mandates.
該計劃將有慕巴達拉投資公司作爲阿波羅的戰略合作伙伴參與，以及阿波羅的子公司Athene，兩者都將有機會根據各自的授權承諾。
Apollo Co-President Jim Zelter said, "We are pleased to form a first-of-its-kind, scaled direct lending program with Citi, a preeminent banking partner and leader in capital markets and advisory."
阿波羅聯席總裁吉姆·澤爾特表示：「我們很高興與花旗建立第一種規模化的直接貸款計劃，花旗是資本市場和諮詢領域的主要銀行合作伙伴和領導者。」
"Our collaboration will allow Citi to enhance its client offerings and bring more private solutions to bear, while enabling Apollo to increase origination flow and tap into Citi's extensive client relationships."
「我們的合作將使花旗能夠增強其客戶服務，並提供更多私人解決方案，同時使阿波羅能夠增加起源流量，充分利用花旗廣泛的客戶關係。」
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Investors can gain access to the stock via First Trust Nasdaq Bank ETF (NASDAQ:FTXO) and Series Portfolios Trust InfraCap Equity Income Fund ETF (NYSE:ICAP).
投資者可以通過納斯達克銀行ETF（NASDAQ:FTXO）和系列投資基金信託基礎設施收入基金ETF（紐交所:ICAP）獲得股票投資。
Price Action: C shares are up 2.03% at $61.61 at the last check Thursday.
價格走勢：在週四最後一次覈對時，C股上漲2.03%，報61.61美元。
Image via Shutterstock
圖片來自shutterstock。
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譯文內容由第三人軟體翻譯。