Apollo Bids €10B for Uniper, Leads SpaceX Debt, Joins $5B Waymo Loan
APO sits 19% above its 52-week low of $99.56.
Summary
Apollo is stacking up major deals across energy, space, and autonomous driving. The firm submitted a nonbinding bid for German energy giant Uniper in a competitive sale, with a potential deal value near €10 billion. It also led an asset-backed debt placement for SpaceX tied to AI hardware, joined a $5 billion term loan for Waymo expansion alongside PIMCO, Blackstone, and Sixth Street, and is reportedly in talks to fund Nvidia chip purchases. The EasyJet buyout remains on track to close next year, with Apollo favoring direct asset-backed aircraft financing over high-yield bonds. This follows the definitive EasyJet agreement announced in August and adds several new large-scale financing mandates that could meaningfully expand Apollo's credit and asset-backed lending book.
At the time of this announcement, APO was trading at $118.28 on NYSE in the Finance sector, with a market capitalization of approximately $70.1B. The 52-week trading range was $99.56 to $153.29. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.