Apollo, KB Securities Team Up to Explore Private Credit (1)

Apollo Global Management Inc. has teamed up with KB Securities Co. to explore private credit opportunities in South Korea and globally, according to the global firm’s spokesperson.

Under the agreement, KB Securities will receive preferential rights to participate in Apollo’s global credit transactions, according to a LinkedIn post. The Korean firm said it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging. The memorandum of understanding was signed last week in Seoul.

South Korea has emerged as a bright spot for private credit in recent years. Earlier this year, SC ...