CREDIT DAYBOOK AMERICAS: Apollo BDC to Sell Debt Amid Big Month

A private lender tied to Apollo Global Management could tap the market Wednesday, continuing momentum from blue-chip companies that have posted the biggest July in six years for bond sales. Junk bonds should be active with two companies poised to sell debt.

• Apollo Debt Solutions BDC, an unlisted private lender that focuses on financing larger companies, held calls with investors on Tuesday, while Whistler Pipeline spoke with investors on Monday and Tuesday
  • On Tuesday, UnitedHealth priced $12 billion for refinancing while Occidental Petroleum issued $5 billion to help pay for its CrownRock acquisition
  • The bonds have helped boost July’s sales ...