Bombardier closes $1bn facility with direct lenders Ares, Apollo and HPS

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Private debt

Bombardier closes $1bn facility with direct lenders Ares, Apollo and HPS

Silas Brown
August 20, 2020 11:30 am
Bombardier_Transport_PA_575_375
The Bombardier Transport offices are seen in St-Bruno-de-Montarville, Que. on Monday, February 17, 2020. Bombardier Inc. says it has reached a US$8.2-billion deal to sell its rail business to French train giant Alstom SA. THE CANADIAN PRESS/Ryan Remiorz | Ryan Remiorz/The Canadian Press/PA Images

Bombardier has closed a $1bn three year loan facility with a number of direct lending funds. Over the past few months, direct lenders in Europe and the United States have started muscling into the debt profiles of larger corporates.

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Silas Brown
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