Market Chatter: Apollo, Silver Point Capital Lead $900 Million Loan to Vantage Specialty Chemicals

MT Newswires Live

Sep 15

Apollo Global Management (APO) and Silver Point Capital led a nearly $900 million direct loan to Vantage Specialty Chemicals to replace its current bank-arranged financing, Bloomberg News reported Friday, citing people with knowledge of the matter.

Oak Hill Advisors also assisted with the funding, the news outlet reported, citing one of the sources.

Apollo, Silver Point, Vantage Specialty and Oak Hill didn't immediately respond to MT Newswires' requests for comment.

(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.)

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