Finance & Banking — Private Credit Deal, Payroll Surprises, and Warnings on Debt Restructuring

Finance & Banking · 2026-05-08

Three forces collided today that every finance professional needs to triangulate. First, Apollo and Blackstone are assembling a ~$35 billion private credit package for Broadcom — the largest single-borrower private financing in history — confirming that AI capex demand is now too large for syndicated loan markets alone and is reshaping how credit gets underwritten. Second, April nonfarm payrolls…