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Redding Ridge does without single B debt as it prices European CLO
6 years ago
RRE 2 has an unusual debt structure for a European transaction, with the CLO opting against a single B tranche. At the opposite end of the structure, the triple As are issued in senior and junior tranches which priced at 113 and 150 basis points over Euribor respectively -
Redding Ridge crosses Atlantic for new euro CLO
6 years ago
Redding Ridge Asset Management - the capitalised manager vehicle (CMV) launched by Apollo Global Management - priced its first European CLO on Friday -
Redding Ridge AM opens first European CLO warehouse
7 years ago
Redding Ridge Asset Management - the firm launched by Apollo Global Management - has opened a CLO warehouse with a view to launching a European transaction named RR Euro CLO
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