Update: Market Chatter: Barclays, Apollo's Atlas Among Firms With Exposure to Collapsed UK Lender MFS

MT Newswires Live

02/27

(Updates with Banco Santander spokesperson declining to comment in the third paragraph.)

Barclays (BCS) and Atlas SP Partners, the structured-credit arm of Apollo Global Management (APO), each lent hundreds of millions of dollars to Market Financial Solutions, a UK mortgage-finance company that went into insolvency Wednesday, Bloomberg reported Thursday, citing people familiar with the matter.

Banco Santander (SAN) and Castlelake LP also made loans to MFS, which unraveled amid allegations of financial irregularities, the people reportedly told Bloomberg.

A Santander spokesperson told MT Newswires that the company had no comment on the matter, while Barclays and Apollo didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 25.31, Change: -0.32, Percent Change: -1.25

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p><p>Price: 25.31, Change: -0.32, Percent Change: -1.25</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MFS","symbol_name":" Manitowoc Food Service","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2614022032","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2614022032","pubTimestamp":1772128631,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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