Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program
Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, Respectively
Citi & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind
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The strategic program is designed to significantly enhance access for corporate and sponsor clients to the private lending capital pool, at a scale and size which can provide funding certainty in strategic transactions. The program will join Citi’s expansive banking client reach, origination and capital markets expertise with Apollo’s scaled, extensive capital base. The firms anticipate the program will finance approximately
“This exciting project brings Citi together with Apollo and other best-in-class partners to offer a full suite of innovative, private financing solutions to our clients,” said
Apollo Co-President
About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of
Additional information may be found atwww.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact to expand opportunity and achieve positive outcomes. As of
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Communications
Citi
(917) 656-8511
Lauren.sambrotto@citi.com
Global Head of Communications
(212) 822-0491
Communications@apollo.com
Global Head of Investor Relations
(212) 822-0540
IR@apollo.com
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