Apollo Took Loss on Asset-Backed Loan Deemed Safe
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Why This Matters
Apollo Global Management took a loss on a portion of a $170 million asset-backed loan for Perch, an Amazon brand aggregator, indicating potential risks in the asset-backed financing market.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Apollo Global Management took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was written off to zero. Silas Brown has more on "Bloomberg Open Interest." (Source: Bloomberg)
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Full article on Bloomberg
Original article published by
Bloomberg
on January 27, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.