Company · mentioned 6 times
US subsidiary of the French bank Credit Lyonnais, set up to finance deals such as Aurora's bid for Executive Life.
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Business Breakdowns· 20 Mar
Credit Lyonnais, barred by a law from owning US insurers as a foreign bank, set up shell insurer Aurora with US subsidiary Altus financing Aurora's bid for Executive Life.Business Breakdowns· 14 Mar 2025
Altus provided financing for Aurora to win the bid to buy Executive Life, and through a series of transactions the distressed debt portfolio hidden in Executive Life was transferred to Apollo's management to fill the Credit Lyonnais mandate.