NEW YORK, Oct. 22, 2025 (GLOBE NEWSWIRE) -- ATLAS SP Partners ("ATLAS"), the warehouse finance and securitized products business majority owned by Apollo funds, today announced the recapitalization of Atlas Warehouse Lending Company, L.P. ("AWLC"). AWLC is a wholly owned, investment-grade-rated subsidiary of WHCO Intermediate Holdings L.P. ("Atlas Warehouse Company"), which serves as the primary funding entity for ATLAS's broader lending platform.

AWLC is the core balance sheet within Atlas Warehouse Company and primarily invests in a portfolio of warehouse lending facilities originated by ATLAS1, serving as a key vehicle for unsecured debt issuance and long-term capital deployment.

As part of the recapitalization, AWLC received a $1.3 billion equity investment from Atlas Warehouse Company, funded through existing committed capital from current investors. This brings AWLC's total equity to $2.3 billion and reduces AWLC's total debt-to-equity ratio to 2.0x. As of September 30, 2025, ...