Apollo Global Management (APO) plans to allocate as much as $20 billion to financing projects in Mexico as it seeks new opportunities for its private credit business, Bloomberg reported Thursday, citing people familiar with the matter.
The asset manager is in talks to finance infrastructure projects as well as other debt deals in Mexico, the report said, citing the people.
Apollo didn't immediately reply to a request for comment from.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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