Articles

  • 6 days ago | news.bloombergtax.com | Aaron Weinman

    Private lenders that have already established themselves as fierce rivals to traditional banks by extending credit to shaky companies are now making major inroads with blue-chip borrowers as well, according to a research report from Barclays Plc on Thursday. The $1.6 trillion private credit industry established its position with heavily indebted companies by offering quicker loans with more flexible terms than Wall Street banks.

  • 6 days ago | bloomberg.com | Aaron Weinman

    (Bloomberg) -- Private lenders that have already established themselves as fierce rivals to traditional banks by extending credit to shaky companies are now making major inroads with blue-chip borrowers as well, according to a research report from Barclays Plc on Thursday. The $1.6 trillion private credit industry established its position with heavily indebted companies by offering quicker loans with more flexible terms than Wall Street banks.

  • 6 days ago | bloomberg.com | John Gittelsohn |Aaron Weinman |Alexandre Rajbhandari |Eliza Ronalds-Hannon

    Attendees wait for a presentation during the Milken Institute Global Conference in Beverly Hills, California. (Bloomberg) -- Attendees of this week’s Milken Institute Global Conference heard a lot of upbeat chatter from the stages of the Beverly Hilton hotel, where billionaires and executives frequently took a sanguine tone about the state of markets and the global economy. Treasury Secretary Scott Bessent touted the US as the premier destination for global capital.

  • 1 week ago | bloomberg.com | Aaron Weinman |Davide Scigliuzzo |Ellen Schneider

    It was the perfect opportunity to showcase the benefits of Apollo Global Management Inc.’s nascent private credit partnership with Citigroup Inc. Boeing Co. was selling its Jeppesen navigation unit, and whoever won the bidding would need a multibillion-dollar debt package to support the acquisition.

  • 1 week ago | news.bloombergtax.com | Aaron Weinman |Davide Scigliuzzo |Ellen Schneider

    It was the perfect opportunity to showcase the benefits of Apollo Global Management Inc.’s nascent private credit partnership with Citigroup Inc. Boeing Co. was selling its Jeppesen navigation unit, and whoever won the bidding would need a multibillion-dollar debt package to support the acquisition.

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Aaron Weinman
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