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Citigroup, Inc. (NYSE:C) has inked an exclusive agreement with Apollo Global Management, Inc. (NYSE:APO) to establish a $25 billion private credit and direct lending program. The program will start in North America, potentially expanding to other regions. The strategic program aims to enhance access for corporate and sponsor clients to the private lending capital pool, ensuring funding certainty for strategic transactions. By combining Citi’s banking expertise with Apollo’s capital base, the program is expected to finance approximately $25 billion in debt opportunities over the next few years….

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