finance
Citi and BlackRock Form EUR15 Billion Partnership for Private European Lending
Citi and BlackRock have agreed to a EUR15 billion partnership focused on private lending in Europe. The arrangement will channel capital into corporate and infrastructure financing across the region.
May 18, 11:59 AM·1m read2 sources
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Citi and BlackRock have formed a EUR15 billion partnership to expand private lending across Europe. The agreement will direct capital toward corporate borrowers and infrastructure projects. Both firms will contribute to the lending pool under the new arrangement.
The partnership targets European markets where demand for private credit continues to grow. Citi will originate loans while BlackRock will provide investment capacity. No specific timeline for deployment or named borrowers has been disclosed.
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