08:11 AM EDT, 10/17/2025 (MT Newswires) -- Apollo Global Management ( APO ) , along with Sona Asset Management and Axebrook Capital, have taken short positions against the bonds of Germany-based Adler Pelzer, Bloomberg reported Friday, citing people familiar with the matter.

The funds are betting that the auto parts manufacturer will struggle to refinance its debt, the report said.

Apollo Global Management ( APO ) and Sona Asset Management did not immediately respond to MT Newswires' request for comment.

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