Citi, BlackRock’s HPS plan €15 billion EMEA private credit direct lending program
BlackRock, Inc.
Citigroup Inc.
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- Citigroup plans to work with HPS Investment Partners, part of BlackRock, on a €15 billion private capital program aimed at expanding direct lending across EMEA.
- The program targets €15 billion of debt financing opportunities over an initial five-year term.
- Citi will use its investment bank, corporate bank, and commercial bank origination to source deals for borrowers based in continental Europe and the UK, with an eventual expansion to the Middle East.
- Eligible financings will focus on sub-investment-grade debt instruments, positioning the platform to meet rising demand for private credit from corporate and sponsor-backed borrowers.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citigroup Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260518530387) on May 18, 2026, and is solely responsible for the information contained therein.
