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Contract Type
partnership
New YorkFinancial ServicesFinanceDescription
Citi Inc. and Apollo have announced a landmark partnership to form a $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program aims to significantly enhance access to the private lending capital pool for corporate and sponsor clients, providing funding certainty in strategic transactions.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months