NEW YORK: An Apollo Global Management-led group has provided a US$1.1bil (RM4.6bil) loan to TPG-backed Greencross Pty Ltd as companies increasingly turn to direct lenders for debt financing.
The loan, which is being financed in the form of a unitranche, will be used for a recapitalisation, according to an Apollo spokesperson.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
