Triple-Bs tighten as Apollo prices new European CLO
Apollo’s latest new-issue European CLO saw the manager price the second-tightest triple-B spreads seen this year

Apollo prices first CLO seen in Europe in a week
Apollo broke the August quiet in Europe with the first CLO seen in a week in the region 

Redding Ridge sets new European triple-B tight with latest CLO
Apollo priced another new European CLO at the end of last week via their Redding Ridge affiliate – its fourth of 2024

Atlas SP keeps it in the family for CLO arranging debut
Apollo affiliate Atlas SP has made its lead arranger debut, taking the reins on refinancing a CLO managed by fellow Apollo affiliate Redding Ridge

Apollo's latest Redding Ridge CLO prints tight
Apollo affiliate Redding Ridge has printed a new deal almost at a new record tight for new-issue triple-As, losing out by 1bp to Onex 

2022-vintage Apollo European CLO gets mezz-only refi
With four 2022-vintage CLOs being reworked in a single day, the anticipated boom in European reset and refinancing issuance kicked off in earnest on Friday

US resets continue as Redding Ridge joins in
Apollo’s Redding Ridge Asset Management on Friday reset a 2018 vintage US BSL CLO

Tightest European new issue CLO this year prices
European new issue spreads for 2024 nudged down to a new benchmark on Tuesday, with the triple-As hitting 147bps

US reset market expands to 2023 vintage
The first 2023 deal has already returned to the primary market as Apollo-affiliated Redding Ridge Asset Management last week priced a reset of its 2023-vintage RRAM CLO 25

2022 vintage CLO generates record European IRR as loan prices rally
While most managers have reset 2022 CLOs, Apollo-affiliated Redding Ridge took a different route. It called RRE 14 CLO, achieving the highest IRR of any European CLO

Redding Ridge reset marks Scotia's first lead arranger role
Scotiabank continued its push into the CLO arranging business yesterday, arranging its first CLO as the sole structuring agent and lead placement agent

Redding Ridge adds to tally with US new issue CLO
It has been a slow week for the CLO market but Redding Ridge has started the ball rolling again with its fourth US deal this year

Redding Ridge buys Gulf Stream CLO management contracts
Redding Ridge Asset Management has announced the purchase of USD 2.8bn of CLO management contracts from Gulf Stream Asset Management

European CLO triple As join the sub-170bp club as Redding Ridge deal prints
Redding Ridge printed the largest (and tightest) European CLO this year in a €499.35 million transactions priced by BNP Paribas

CLO round-up: sentiment improves as multiple breakthrough transactions emerge
New CLO formation slowed this week in the US, while Europe had its second zero-issuance week of the quarter. But there were three major developments: the first CLO refi in15 months, a major investor's first entry into a CLO at the reset stage, and the first middle market CLO arranged by Goldman Sachs.

Nochu enters Redding Ridge-managed CLO at reset stage as two 2022 deals merge
Redding Ridge Asset Management priced the largest transaction of the year in the BSL CLO market after merging two 2022-vintage print-and-sprint CLOs

US CLO league tables: Palmer Square back on top as BofA marches on
Palmer Square Capital Management retook the lead of the US CLO manager league tables for the first time since January

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

US CLO league tables: BofA takes CLO lead as new issues keep calm and carry on
US CLO issuance dropped last month as the banking crisis gripped financial markets when Silicon Valley Bank and Signature Bank failed and troubled Credit Suisse was sold for below market value

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

US CLO league tables: JP Morgan knocks BofA off top spot and Invesco displaces Palmer Square

28 US CLO managers braved the waters in February and between them, they brought over $12 billion of new issuance to market. This takes the manager base this year to 39 already

Global CLO league tables - February 2023 YTD
Global CLO league tables - February 2023 YTD

Redding Ridge prices European CLO via Goldman Sachs
Redding Ridge Asset Management has priced a €392.675 million CLO via Goldman Sachs, with triple A notes paying 175 basis points over Euribor.

Redding Ridge adds five-year US CLO to its 2023 issuance
Redding Ridge Asset Management has become the first US CLO issuer to price two reinvesting CLOs in 2023. 

Goldman Sachs looks to extend European CLO issuance lead with Redding Ridge mandate
Goldman Sachs’s European CLO business is in full flight with the bank marketing yet another deal. It's a reversal in fortune for the bank, which went a full eight months without pricing a CLO in 2022.