Apollo and Platinum launch risky sales of PIK junk bonds to fund payments – Bloomberg

Apollo and Platinum launch risky sales of PIK junk bonds to fund payments – Bloomberg

Photographer: Chuanchai Pundej / EyeEm via Getty Images Photographer: Chuanchai Pundej / EyeEm via Getty Images Apollo Global Management Inc. and Platinum Equity tests the strength of the junk bond market with one of the riskiest types of financing that will allow private equity firms to fund the payments. Aspen Insurance Holdings Ltd., that Apollo […]

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