Citi strikes €15B partnership with BlackRock for private lending across Europe and Middle East
Citi has formed a €15 billion partnership with BlackRock's HPS Investment Partners to provide private lending across Europe and the Middle East. This collaboration aims to target sub-investment-grade corporate debt, allowing Citi to originate deals while HPS provides the majority of the capital. The program is set to operate over an initial five-year term and will focus on corporate borrowers in various regions.
- ▪Citi and HPS Investment Partners have launched a €15 billion private capital program.
- ▪The partnership targets corporate borrowers across Europe, the Middle East, and Africa.
- ▪Citi will originate the deals while HPS will fund the majority of the capital.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18191343/citi-and-blackrock-s-hps-team-up-for-17-5b-program-to-expand-1-800x420.jpeg" alt="Citi strikes €15B partnership with BlackRock for private lending across Europe and Middle East" class="w-full aspect-[19/10] object-cover" /> Citi strikes €15B partnership with BlackRock for private lending across Europe and Middle East The banking giant teams up with BlackRock's HPS Investment Partners to originate and fund sub-investment-grade corporate debt, marking one of the largest bank-private credit collaborations to date. Share Add us on Google by Editorial Team May.
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