Apollo Took Loss on Asset-Backed Loan Deemed Safe

Apollo Global Management took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero. Silas Brown has more...

By Bloomberg Markets · Bloomberg Markets

Apollo Global Management took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero. Silas Brown has more on "Bloomberg Open Interest." (Source: Bloomberg)