GoldenTree and Apollo set new mid-mezz tights with latest Euro deals
A new GoldenTree issue priced its single A paper at Euribor plus 200bps, while Apollo lowered the benchmark for triple Bs with a reset of its first European CLO

KKR breaks 130 barrier for Euro CLOs as brace of resets wrap up August
KKR has smashed the 130 barrier for standard-duration European CLO triple As for the first time since April, while Redding Ridge and BlueBay also priced resets to end the month

Redding Ridge markets Euro reset for late August
The EUR 362.5m repricing of the 2021-vintage issue is set to price toward the end of the month via Goldman Sachs

Apollo looks elsewhere, saying CLOs suffer from commoditization
The alternative asset manager said CLOs have tightened to levels that are unsustainable

‘It’s rare something is both issuer and investor friendly’
In 2015, Apollo’s Albert Huntington invented CLO resets. But the most important thing he learned back then was how flexible CLOs can be if you get consent from all equity holders

TCW makes London-based securitisation hire from Apollo
EXCLUSIVE: TCW builds out its securitisation team in Europe with a hire from Apollo

Barings moves toward second Euro private credit CLO as Blackstone, Apollo mull initial deals
EXCLUSIVE: The firm that cracked the European private credit CLO market open last year is working on its second such deal, while Blackstone and Apollo eye a market entry

Mapping the present and future of credit
Keynote speakers at this year’s Creditflux Symposium highlighted the success of credit markets during recent volatility and argued that a wave of securitisation could drive growth in Europe

GoldenTree snaps up global award... again
Last year, GoldenTree was named Creditflux Global Manager of the Year. This year it repeated that achievement — but it also swooped for our US manager of the year and closed-end fund awards

Apollo’s Redding Ridge equals current Euro tights with new-issue CLO
The deal matched market benchmarks for the triple A and double A tranches

Euro tightening trend reinforced as Apollo sees new post-tariff mezz lows
The manager's fourth new European issue of the year issued at market tights for the double A and triple B paper

Apollo stuns market with end-of-week Euro triple-header
The US-based asset manager priced three European CLOs on Friday, together valued at over EUR 1.28bn

Apollo’s latest Euro deal reflects market’s mezz widening
RRE 25 priced narrow compared to other recent transactions, but there was evidence of widening out in the lower-rated tranches compared to  February

CLO manager M&A driven by search for talent and scale

CLO manager M&A driven by search for talent and scale
Irradiant’s star investor Maji set to depart as firm is acquired

Apollo prices Europe first new-issue CLO of 2025
Apollo's Redding Ridge has kick started new CLO issuance in Europe for the year, arranged by BNP and Apollo

European CLO double-B spreads hit 2024 low, signalling investor confidence
European CLO double-B spreads are falling lower, hitting year-to-date tights for both new issue and reset deals in the past week. Investors are waving off worries about a potential economic slowdown and opting for primary deals over secondary paper.

Apollo resets Euro CLO with fatter funding cost despite tight print
Apollo has reset a Redding Ridge European CLO that raises funding costs despite getting the lowest triple-A spread since September

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

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

CLO market wrangles over direction of liability spreads after August volatility
Investors are seeking to get wider spreads on CLO primary deals, but Blackstone and other managers are trying to keep firm on US triple-As at 135bps

What August slowdown? Blackstone prices new CLO in Europe
Blackstone prints new European CLO with triple-A spreads at 135bps via BNP

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 

Apollo picks up two hires from Bank of America
Investment bankers Tomasz Gruszka and Murad Khaled have joined Apollo and an affiliate from Bank of America

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