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Citi BlackRock/HPS Launch $17.5B Private Credit Program:

hedgeco

2 months ago

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(HedgeCo.Net) Citigroup and BlackRock’s HPS Investment Partners have launched a $17.5 billion, private credit program aimed at expanding direct lending across Europe, the Middle East and Africa, marking another major step in the convergence of global banks and private capital platforms. The five-year initiative is designed to finance debt opportunities for corporate and sponsor-owned borrowers across Continental Europe and the United Kingdom, with a potential expansion into the Middle East, acco...

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