Elvinger Hoss Prussen is advising Apollo as to matters of Luxembourg law on the launch of European Credit Company, a scaled platform focused exclusively on European performing credit, including corporate and asset-backed lending (“ECC”). ECC, with more than €10 billion of lending capacity, will finance both large and mid-market opportunities, working with companies, sponsors and real asset owners to help capitalise their unique business needs and support growth in local economies. In addition to its proprietary origination, ECC will source assets through strategic partnerships with European financial institutions and will have access to Apollo’s European credit platform.
The platform is backed by long-term capital investments led by Apollo funds and affiliates, as well as Abu Dhabi Investment Council, Athora, Norinchukin Bank, Standard Chartered and Aranda Principal Strategies.
The Elvinger Hoss Prussen team is led by fund partner Jeffrey Kolbet and includes counsel Christophe Bricage and associate Clément Sageaux; financing partner Karl Pardaens, senior associate Lada Bevz and associate Nicolas Moumaneix; regulatory partner Sophie Dupin, counsel Céline Wilmet and associate Hugo Douilly; and tax partner Elisabeth Adam and associates Matisse Lebrun and Imane Abdallaoui.
