Citi, BlackRock’s HPS Sign €15 Billion Private Credit Agreement

Citi, BlackRock’s HPS Sign €15 Billion Private Credit Agreement

Citigroup Inc. and BlackRock Inc.’s private credit unit HPS Investment Partners have struck an agreement to collaborate on direct-lending deals across Europe, targeting as much as €15 billion ($17.5 billion) of financings over the next five years.

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