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Apollo Private Credit Transactions Surpass $35 billion; SpaceX Plans $40 billion Fundraise

Benzinga Private Markets +1 ·

APO Apollo Global Management Inc
$115.30 -0.22%
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  1. 1Since the launch of Apollo's private credit trading desk earlier this month, private credit asset transactions have exceeded $35 billion.
  2. 2Approximately one-third of Apollo's transaction volume was confirmed to include loans issued by other companies.
  3. 3Apollo is expected to lead a $40 billion transaction involving bank loans and investment-grade bond financing for Space Exploration Technologies.

So what's the key point?

Apollo has completed more than $35 billion in transactions after creating a new trading department. Apollo will also lead the process for SpaceX to raise a large amount of capital.

Source Benzinga Private Markets +1 · View original ↗

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