BNP Paribas and Apollo Global Management are nearing an agreement to partner in Europe’s private credit market, according to a report by Bloomberg citing people familiar with the discussions.
Under the proposed tie-up, the two firms would jointly arrange loans for corporate and private equity-backed borrowers across the region.
The talks follow Apollo’s push to replicate its US private credit partnerships in Europe, after the firm agreed a $25bn arrangement with Citigroup in 2024 to target North...
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