Deals
Apollo Said to Pay $1.2 Billion for Credit Suisse Property Loans
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Apollo Global Management LLC, a New York-based private-equity firm, agreed to pay $1.2 billion for distressed property loans held by Credit Suisse Group AG, according to a person with knowledge of the deal.
The mortgages are backed by buildings in Europe, said the person, who asked not to be named because the agreement hasn’t been made public.