Apollo's ATLAS SP and BNP Paribas Announce $5 Billion Strategic Collaboration
APOApollo Management(APO) GlobeNewswire News Room·2024-09-20 21:00

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO), ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, and BNP Paribas, the European Union’s leading global bank, today announced a strategic financing and capital markets collaboration between Apollo, ATLAS and BNP Paribas. Under the terms of the collaboration, BNP Paribas will make a significant day-1 financing commitment of $5 billion which is expected to increase over time. The ...