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-0.000493502220760012 -0.000493502220760012 0.00180950814278663 -0.000658002961013427 0.00148050666227992 0.0135713110708997 0.0115150518177331 0.00970554367494648
Stock impact report

Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program

Citigroup, Inc. (C) 
Last citigroup, inc. earnings: 4/15 08:00 am Check Earnings Report
US:NYSE Investor Relations: citigroup.com/citi/investor/pres.htm
Company Research Source: Business Wire
Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, RespectivelyCiti & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind NEW YORK--(BUSINESS WIRE)--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, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo’s strategic partner as well as Apollo’s subsidiary, Athene, both of which will have the opportunity to join commitments appropriate for their respective mandates.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926673479/en/The strategic program is designed to significantly enhance access for corporate and sponsor Show less Read more
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