The Vault · 2026-04-09 20:56:57 · Bloomberg Markets
Barclays is now courting a new set of investors in a last-ditch effort to refinance Shutterfly's massive debt burden. The urgent search comes after direct negotiations with private credit lenders, the presumed first port of call for such a deal, hit a wall and lost momentum. This sudden pivot signals deepening distress...
The Vault · 2026-04-13 11:52:49 · Bloomberg Markets
Josh Harris’s new firm, 26North Partners, has pulled off a staggering feat, securing nearly $6 billion for its inaugural private equity fund. This colossal sum sets a new U.S. record for a first-time fundraising, instantly catapulting the firm into the upper echelons of the industry and signaling immense investor confi...
The Vault · 2026-04-15 12:22:45 · Bloomberg Markets
An Adani Group subsidiary has moved to refinance a major offshore bond due in June, securing its position through a substantial $500 million private placement arranged last month. The transaction, backed by funds associated with Apollo Global Management, signals a critical liquidity maneuver for the conglomerate as it ...
The Vault · 2026-04-16 10:52:41 · Bloomberg Markets
The National Basketball Association is exploring a major financial play for its European ambitions, turning to heavyweight private credit lenders to fuel the move. Apollo Global Management, Ares Management Corp., and Sixth Street Partners are in preliminary talks to provide funding, signaling a high-stakes, alternative...
The Vault · 2026-04-24 15:54:11 · Bloomberg Markets
Intel Corp. is preparing a potential bond sale to finance the repurchase of half of a manufacturing plant in Ireland previously sold to Apollo Global Management Inc., according to sources familiar with the matter. The semiconductor giant's move signals a strategic recalibration of its capital structure and operational ...
The Vault · 2026-05-08 20:54:40 · Techmeme Echo RSS
Broadcom is in discussions with private credit giants Apollo Global Management and Blackstone for a financing package worth approximately $35 billion to support its AI chip development ambitions, according to sources familiar with the matter. The proposed deal would rank among the largest private credit financings on r...