No Data
Wall Street's major firms are competing for the private Crediting market, with JPMorgan planning to allocate an additional 50 billion dollars for direct loan Business.
JPMorgan is significantly expanding its direct lending Business, allocating an additional 50 billion dollars to seize a larger share in the rapidly growing market. Troy Rohrbaugh, co-head of JPMorgan's Commercial Banking and Investment Banking, along with Kevin Foley, head of Global Capital Markets, stated that since 2021, the bank has invested over 10 billion dollars in more than 100 private Crediting transactions from its balance sheet, and this new commitment is built upon that foundation. JPMorgan has partnered with several co-lending partners, which have also invested nearly 15 billion dollars for this purpose. "If the environment and risks
Breaking news: Apollo is considering acquiring equity in SEVEN & I for up to $9.5 billion.
Apollo is considering acquiring a stake in SEVEN & I of up to 9.5 billion dollars. SEVEN & I stocks continue to rise, at one point increasing by 4%.
Morgan Stanley's Wilson: The sell-off in the USA stock and bond markets may intensify, but is unlikely to reach the depths seen in 2022.
Mike Wilson from Morgan Stanley stated that due to traders' concerns about inflation and rising interest rates, the declines in the USA stock and bond markets may worsen on Wednesday; however, the drop is unlikely to reach the extreme levels seen in 2022. The chief equity strategist of the firm mentioned during an interview on Bloomberg Surveillance on Wednesday that fluctuations are expected in the first half of 2025, with improvements in the second half. Although the sell-off in the stock and bond markets might be similar to the synchronized decline of various asset classes in 2022, he expressed that he believes the situation won't be as severe. The difference between now and then lies in
APOLLO FMG has completed the issuance of 0.195 billion shares for the share exchange.
APOLLO FMG (00860) announced that all conditions contained in the subscription agreement have been fulfilled, and the delivery will be implemented on December 18, 2024, according to the terms and conditions of the subscription agreement. After the Bonds are fully converted at the initial conversion price of HK$1.54 per share, the company will issue a maximum of 0.195 billion shares, accounting for approximately 16.00% of the total issued shares after the allotment and issuance, assuming that the total issued shares remain unchanged from the date of this announcement until the date of full conversion of the Bonds.
Express News | Apollo Future Mobility - Agreed to Issue 5% Convertible Bonds of Company Due 2026
Trending Industry Today: GEELY AUTO Leads Gains In Automobile Stocks
