Will Apollo's Second Act With Credit Suisse be a Charmed One?

South Africa News News

Will Apollo's Second Act With Credit Suisse be a Charmed One?
South Africa Latest News,South Africa Headlines
  • 📰 finews_ch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Will Apollo's Second Act With Credit Suisse be a Charmed One?: Private markets firm Apollo is considering a move into Credit Suisse's revamped investment bank. It would be the New York-based firm's second act with Credit Suisse. apollo csfirstboston

Apollo Global Management is in talks to back the leveraged finance business of spinoff investment bank CS First Boston with $750 million, according to a «Bloomberg» story Thursday citing people familiar.

According to earlier media reports, Saudi Crown Prince Mohammed bin Salman and New York-based Atlas Merchant Capital have also expressed interest in investing in CS First Boston.A joint financial contribution from Apollo and Credit Suisse would provide CS First Boston with about $1.5 billion of capital, according to the «Bloomberg» story, providing a capital base with the capacity to lend about $7.5 billion to B-rated borrowers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

finews_ch /  🏆 25. in CH

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse erörtert mit Apollo First-Boston-FinanzspritzeCredit Suisse erörtert mit Apollo First-Boston-FinanzspritzeDer Finanzinvestor Apollo Global Management will offenbar mit 750 Millionen Dollar in das Geschäft der Credit Suisse mit Leveraged Finance einsteigen.
Read more »

Euronext will sich ehemalige Beteiligung von Credit Suisse greifenEuronext will sich ehemalige Beteiligung von Credit Suisse greifenEuronext will sich ehemalige Beteiligung von Credit Suisse greifen: Die Mehrländerbörse Euronext bekundet Appetit auf eine führende europäische Fondsservice-Plattform. Letztere ist zuvor in der Schweiz als Konsolidiererin aufgetreten. Euronext Allfunds
Read more »

Credit Suisse hat bisher 6,8 Milliarden an Greensill-Investoren zurückgezahltCredit Suisse hat bisher 6,8 Milliarden an Greensill-Investoren zurückgezahltDie Investoren in die 'Greensill-Fonds' der Credit Suisse haben laut neuen Angaben der Grossbank insgesamt 6,80 Milliarden Dollar zurückerhalten.
Read more »

Ex-Credit Suisse Banker Bridging Worlds of Finance and ArtEx-Credit Suisse Banker Bridging Worlds of Finance and ArtEx-Credit Suisse Banker Bridging Worlds of Finance and Art: Swiss banks are full of art, and yet the understanding of art as an investment is often not very advanced. The startup of an ex-banker seeks to change that. Partasio art
Read more »

Credit Suisse: Präsident Axel Lehmann im Visier der FinmaCredit Suisse: Präsident Axel Lehmann im Visier der FinmaIm Visier: Finanzaufsicht untersucht gegen den Präsidenten der CSschweiz – erwischt es mit Axel Lehmann den nächsten Hoffnungsträger?
Read more »

Credit Suisse Leadership's Weekend in St. MoritzCredit Suisse Leadership's Weekend in St. MoritzCredit Suisse Leadership's Weekend in St. Moritz: Credit Suisse Chairman Axel Lehmann and various managers attended the White Turf event in St. Moritz last weekend. A recent social media post about basking in sun and… AxelLehmann FrancescoDeFerrari
Read more »



Render Time: 2025-03-01 06:15:40