BMO and Canal Road Group Form Strategic Partnership Aimed at Providing Direct Lending to Upper Middle-Market Companies
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BMO and Canal Road Group have formed a strategic partnership to provide direct lending to upper middle-market companies, with BMO committing up to $1 billion in capital to support CRG's lending strategy.
January 10, 2025 | 2:15 pm
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BMO has entered a strategic partnership with Canal Road Group to provide up to $1 billion in direct lending to upper middle-market companies.
The partnership with Canal Road Group and the $1 billion commitment is a significant move for BMO, potentially increasing its influence and market share in the direct lending space. This could positively impact BMO's stock price in the short term as it expands its financial services.
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