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Apollo Warning on PE Realisations: Weak For GS

FINANCIALS

Apollo warning of lower PE realisations; weak indication for Goldman primarily but also halo impacts on all the equity-exposed investment banks (MS, JPM and UBS in the main). Not an immediate credit event but “one to watch” in terms of high-yield refi events, too.


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Apollo warning of lower PE realisations; weak indication for Goldman primarily but also halo impacts on all the equity-exposed investment banks (MS, JPM and UBS in the main). Not an immediate credit event but “one to watch” in terms of high-yield refi events, too.


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