Private Equity: Warburg Taps $1 Billion NAV Loan From Apollo

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Headlines

Warburg Pincus turned to Apollo for a $1 billion loan to pay down bank facilities involving an older fund. The NAV loan was secured by a portion of investments in a $15 billion fund that Warburg launched in 2018.

BlueTriton Brands owns Poland Spring, Arrowhead and other bottled water brands. As it tries to grow, experts worry sensitive springs, creeks and groundwater supplies from Florida to California are paying the price.

German professional football’s governing body has narrowed down the list of private ...