WBS Nov 2024 70.000 call
- Zacks
Webster (WBS) May Tie Up With Marathon Asset for Private Credit
Webster Financial (WBS) is close to forming a private credit partnership with Marathon Asset. If finalized, it will underscore their shared commitment to delivering tailored financial solutions.
- Bloomberg
Marathon Asset Management, Webster in Private Credit Tie-Up
(Bloomberg) -- Marathon Asset Management and Webster Financial Corp. are forming a private credit joint venture focused on direct lending to private equity-backed middle-market companies, according to a statement.Most Read from BloombergDemocrats Weigh Mid-July Vote to Formally Tap Biden as NomineeTrump Immunity Ruling Means Any Trial Before Election Unlikely24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushTrump as President
- Business Wire
Webster Bank and Marathon Asset Management Announce Private Credit Joint Venture
STAMFORD, Conn., July 01, 2024--Webster Financial Corporation, the holding company for Webster Bank, N.A. ("Webster Bank"), a top performing commercial bank with $76 billion in assets, and Marathon Asset Management, L.P. ("Marathon"), a leading global credit manager with $23 billion in assets under management, today announced they are forming a private credit joint venture, which will deliver direct lending solutions to sponsor-backed middle market companies.
