J.P. Morgan Increases Direct Lending Commitment to $50 Billion
24 Février 2025 - 2:35PM
Business Wire
J.P. Morgan dedicates balance sheet and adds
co-lenders to provide private credit to clients
J.P. Morgan announced today at its 30th annual Global Leveraged
Finance Conference a significant expansion to its private credit
commitment. The firm is allocating $50 billion from its balance
sheet, along with nearly $15 billion from multiple co-lenders. This
strategic move is designed to extend the firm’s direct lending
capabilities and provide tailored private credit solutions to meet
the evolving needs of clients.
Since 2021, J.P. Morgan has successfully deployed over $10
billion across more than 100 private credit transactions, serving
both corporate and sponsor clients. This latest commitment
underscores the bank’s dedication to being a leader in both the
broadly syndicated and private credit markets.
“We aim to support our clients with products and solutions that
best meet their capital structure needs, whether that’s a direct or
syndicated loan or a bond,” said Kevin Foley, global head of
Capital Markets at J.P. Morgan. “Our vast client relationships,
paired with the size and scale of our origination capabilities,
enable us to be a trusted financing source through a company’s
entire growth cycle.”
The convergence of the broadly syndicated and private financing
markets is creating unprecedented opportunities for clients,
offering greater optionality and customized solutions to address
their unique financing needs. As the leading investment bank with
the #1 debt capital markets franchise and thousands of clients
across the middle market and global corporate ecosystem, J.P.
Morgan is uniquely positioned at the forefront of this
evolution.
“We proudly bank 80,000 companies globally through our
Commercial and Investment Bank, including 32,000 middle market
clients across the U.S.,” said Jamie Dimon, Chairman and CEO of
JPMorganChase. “Extending this effort provides them with more
options and flexibility from a bank they already know and see in
their communities, and is known for being there during all market
environments.”
J.P. Morgan’s enhanced direct lending platform is poised to
drive significant impact, helping clients navigate today’s dynamic
financial landscape. The firm’s strategic relationships with
co-lenders further amplifies its ability to deliver comprehensive
and competitive financing solutions.
As private credit has grown exponentially to a $2 trillion
market, direct lenders are sitting on hundreds of billions of
dollars of dry powder to deploy. “Pairing our vast origination
platform with our lender client base has super charged our ability
to deliver in size for borrowers and increased deal flow for
lenders. Given our current success from our co-lending initiative,
we continue to look for opportunities with new partners to augment
our capabilities on large deals,” said Foley.
Additional details around the co-lending arrangements have not
been disclosed.
About J.P. Morgan’s Commercial & Investment Bank
J.P. Morgan’s Commercial & Investment Bank is a global
leader in banking, payments, markets and securities services.
Start-ups, companies, governments and institutions entrust us with
their business in more than 100 countries worldwide. With $35.3
trillion of assets under custody and $1.01 trillion in deposits,
the Commercial & Investment Bank provides strategic advice,
raises capital, manages risk, offers payment solutions, safeguards
assets and extends liquidity in global markets. Further information
about J.P. Morgan is available at www.jpmorgan.com.
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Media Contact: Tasha Pelio 212-270-7441
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