03:46 PM EDT, 09/23/2024 (MT Newswires) -- Apollo Global Management's ( APO ) Atlas SP Partners unit got its broker-dealer license and is gearing up to begin secondary trading to support its primary issuance franchise by facilitating transactions between bond buyers, Bloomberg News reported Monday, citing people with knowledge of the matter.

In recent weeks, the company informed structured credit investors it will handle secondary trades as Atlas SP Partners, a division of Apollo Global Securities, the report said.

The company didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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