Private lending is the best opportunity in debt markets today, says Tristram Leach, co-head of European credit at Apollo Global Management. “If I had to pick a single area that I think you’re meant to lean in to — and frankly, where we’re seeing clients lean in to as well — it is private credit,” he tells Bloomberg News senior reporter Lisa Lee and senior editor James Crombie. An extra 200 bps over publicly syndicated loans is enough compensation for the relative lack of liquidity, he adds. Also in this episode of the Credit Edge, Bloomberg Intelligence analyst Matthew Geudtner weighs the benefits to company pension plans from higher rates. And he flags Raytheon, a unit of RTX, as one to watch after it announced a $10 billion debt-funded share buyback program.

<p>Private lending is the best opportunity in debt markets today, says Tristram Leach, co-head of European credit at Apollo Global Management. “If I had to pick a single area that I think you’re meant to lean in to — and frankly, where we’re seeing clients lean in to as well — it is private credit,” he tells Bloomberg News senior reporter Lisa Lee and senior editor James Crombie. An extra 200 bps over publicly syndicated loans is enough compensation for the relative lack of liquidity, he adds. Also in this episode of the Credit Edge, Bloomberg Intelligence analyst Matthew Geudtner weighs the benefits to company pension plans from higher rates. And he flags Raytheon, a unit of RTX, as one to watch after it announced a $10 billion debt-funded share buyback program.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Apollo Says Lean In to Private Debt; Pensions Boost

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f6cb9df5-7c55-4371-bcd1-b0ae0110a846/transcript

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