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Apollo has started the European Credit Company to lend over €10 billion to businesses in Europe.

ProductRead the original at investingnews.com
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Apollo launched a European credit platform with more than €10 billion in lending capacity and backing from Apollo funds and outside partners. This expands its lending business, though the source does not report loans already made or profits earned.

APO · Apollo Global Management

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The AI's read

This gives Apollo another way to lend to European companies and property owners. Apollo funds and several outside partners are backing the platform. Its €10 billion capacity is not a report of loans already made or profits earned, so the benefit remains unproven.

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