New York Yankees eye massive $3B Wall Street payout from Apollo Global: report
The New York Yankees are reportedly negotiating a $3 billion financing package with Apollo Global Management. The proposed transaction features a mix of debt and equity, Bloomberg reported on Wednesday, citing people familiar with the matter.
Reported by 1 outlet — New York Post. See all sources ↓
The New York Yankees are reportedly negotiating a $3 billion financing package with Apollo Global Management. The proposed transaction features a mix of debt and equity, Bloomberg reported on Wednesday, citing people familiar with the matter. The baseball franchise plans to use the fresh capital to refinance existing obligations and fund future expansion projects. Hal Steinbrenner and his family control the team through Yankee Global Enterprises.
Read the full report at New York Post ↗
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- What's the story?
- The New York Yankees are reportedly negotiating a $3 billion financing package with Apollo Global Management. The proposed transaction features a mix of debt and equity, Bloomberg reported on Wednesday, citing people familiar with the matter.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 3m ago.
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New York Yankees eye massive $3B Wall Street payout from Apollo Global: report
Sources1TypeCoverageNew York Post