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Apollo provides $1.25 billion financing tied to BMG–Concord combination

Apollo ($APO)-managed funds and affiliates provided a $1.25 billion capital solution supporting the combination of music businesses BMG and Concord. The transaction involves an equity investment in a BMG subsidiary holding Concord’s legacy asset-backed securitization structure, which is supported by a catalog containing more than one million songs. The investment gives Apollo’s funds a non-controlling interest and provides capital to repay certain existing securitization obligations. It is a fin

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Apollo and KKR complete €3 billion financing for Bayer

Apollo ($APO)-managed funds and affiliates completed a €3 billion capital transaction for Bayer ($BAYN), with KKR ($KKR) participating as a significant minority investor. The financing involves an equity investment in a newly formed entity holding Bayer’s long-acting reversible contraception business. It follows the previously announced agreement rather than introducing a separate €3 billion transaction. Bayer retains a majority interest and full operational control of the business. The structur

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Apollo provides $585 million financing to The Executive Centre

Apollo ($APO)-managed funds, affiliates and other long-term investors provided $585 million of financing to The Executive Centre, a premium flexible-office operator in Asia-Pacific and the Middle East. The proceeds will primarily refinance existing debt and support further expansion of a network spanning more than 260 centers in 38 cities across 15 markets. The transaction adds to Apollo’s regional hybrid-capital business and is separate from its financing arrangement with Bayer. The announcemen

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