Apollo (APO), ATLAS SP Partners, and BNP Paribas (BNPQY) 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 commitment supports investment-grade, asset-backed credit originated by Apollo and ATLAS, alongside a capital markets collaboration to support securitizations sourced by Apollo and ATLAS issuer clients.
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