Buy-now-pay-later specialist Affirm Holdings has secured its largest funding commitment yet, partnering with private credit firm Sixth Street to secure a $4bn, three-year deal, according to a report by NBC News.

Carlyle Group has secured private credit financing to acquire a majority stake in Australian waste management company Waste Services Group (WSG), according to a report by Bloomberg, citing sources familiar with the matter.

Apollo Global Management is accelerating the growth of its $70bn hybrid strategies, which bridge credit and private equity financing to appeal to investors seeking more flexible options amid a slowdown in private equity distributions, according to a report by Bloomberg.

Mars Inc, the iconic US confectioner behind brands like Skittles and M&Ms, is aiming to raise at least $1bn through a private debt sale as part of its financing strategy for the $36bn acquisition of foodmaker Kellanova, according to a report by Bloomberg.

US-based direct lender and private credit manager Golub Capital is setting up operations in Abu Dhabi, aiming to capitalise on the region’s growing financial landscape and its deep-pocketed wealth funds, according to a report by Reuters.

Singapore’s state investment firm, Temasek Holdings, has unveiled a new private credit entity with an initial portfolio valued at SGD10bn ($7.5bn), marking a significant push into the rapidly expanding private credit market.