US CLO round-up: spreads tighten as investors get comfortable with cushions
2018 is off to a promising start with the US CLO market having produced $7.0 billion of issuance

US manager prices largest CLO reset transaction on record
The manager priced the $1.55 billion CLO reset yesterday via BNP Paribas

US league tables: CBAM tops US CLO rankings after meteoric rise
Just over a year ago, New York-based CBAM Partners commenced operations amid much fanfare. Fast forward 12 months and the asset manager has delivered on its promise, with Creditflux data showing that the firm was the largest CLO issuer of 2017

Euro league tables: Citi tops rankings in a year of growth for the CLO market
50 new issue CLOs, 39 active managers and four debutants: Creditflux analyses the revival of the European CLO market last year

Fast-moving manager becomes first to reset a CLO that closed in 2016
A European CLO manager has moved quickly to reset a CLO that priced in November 2015 and closed in early 2016

Apollo eyes triple A print in the 70s as it plans European CLO reset
Apollo is planning its second European CLO transaction of 2017

Apollo reworks 2012 CLO for third time in first of its kind deal
Apollo has become the first CLO manager to rework one of its deals for a third time, according to market sources. ALM V has now been refinanced, reset and refinanced all over again

Redding Ridge "debuts" in CLOs with triple As at 119bp
Redding Ridge Asset Management priced its first new issue CLO on Friday

Apollo affiliate works with BNP Paribas on new US CLO
The deal is expected to price next week and close in October according to market sources

Apollo subsidiary prices its third mid-market CLO of the year
The manager priced the $353.33 million deal yesterday in a deal arranged by Wells Fargo

Apollo notches up 100% CLO refi/reset record
It’s not easy being a large CLO manager and staying on top of the refi-reset market, but Apollo has managed to do just that

Carlyle chooses refi over reset for 2015 CLO
Currently just eight managers have chosen a refi over a reset for 2015 CLOs, which do not benefit from the Crescent letter exemption for US risk retention rules

Spreads tumble as Apollo refis 2015 US CLO
Apollo Global Management has refinanced five debt tranches in its 2015 US CLO, according to market sources

Apollo subsidiary prices $1.2 billion mid-market CLO
While the field of middle-market CLO managers is relatively small, newcomers to this business have been able to successfully raise large amounts of capital with Midcap Financial Services Capital Management the latest to produe a $1 billion-plus CLO

Head of illiquid European credit set to leave Apollo
Sources say that a high-profile figure within Apollo's credit business is leaving the firm

Triple-A spreads fall to 114bp as Apollo refinances 2014 US CLO
Another 2014 CLO has been refinanced with market sources indicating that Apollo Credit Management has conducted a refi of ALM XI

Apollo to liquidate last 1.0 CLO today with $67 million loan b-wic
Apollo Global Management is set to redeem its last outstanding 1.0 CLO via a loan b-wic later today, according to market sources

Apollo sells two CLO positions from its BDC after 21%-plus returns
Apollo Global Management has reduced the structured credit exposure it held in its business development company

Apollo redeems 2007 CLO with US loan b-wic
Sources say that Apollo Credit Management was the source of a $107 million loan b-wic that circulated yesterday.

Apollo surpasses $4 billion in 2016 issuance with latest reset
Apollo Global Management has priced its second CLO reset in the space of a month, and fourth of the year

Asian fund picks Apollo for CLOs
$90 billion Asian pension fund picks Apollo for key credit mandate

Apollo gears up to refinance 2014 vintage European CLO
Managers are looking to take advantage of tight spreads in the CLO primary market to refinance European deals

Manager liquidates legacy CLO through $113 million loan b-wic
Stone Tower VII to be liquidated after call by majority equity investor

JP Morgan prices three CLOs in two days for $1.6 billion in issuance
JP Morgan’s CLO arranging unit has stayed busy in the aftermath of the US presidential election, pricing three transactions in the last two days

CLO manager picks JP Morgan to arrange reset of mammoth CLO
A large CLO manager is preparing its third CLO reset of the year