Apollo, KKR See Record-Wide Gap on Valuing Stressed Private Loan
An Apollo Global Management Inc. private credit fund deemed a loan to Medallia Inc. worth 77 cents on the dollar,…
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Blackstone Private Debt Fund Cuts Value of Largest Holding
A Blackstone Inc. fund further cut the value of a private credit loan for Thoma Bravo-backed software company Medallia Inc.,…