Apollo's MidCap unit takes CLO AUM beyond $2.5 billion
MidCap Financial has taken its CLO AUM beyond $2.5 billion just 17 months after pricing its debut CLO in February 2017

Apollo restructures 2016 CLO in refinancing
Apollo Credit Management has refinanced and restructured its 2016 CLO ALM XVII, according to market sources

Apollo prices short-dated CLO reset worth $1.22 billion
Apollo Global Management priced a $1.12 billion reset of ALM XVI today

CLO b-wic line up: equity in Apollo euro deal with low funding costs goes on sale
European CLO equity is so often described as being the most illiquid part of the global CLO market, but the last few days there has been a significant amount of trading in this area.

Apollo prepares billion dollar CLO reset with Goldman Sachs
Apollo is preparing to price a $1.12 billion CLO reset via Goldman Sachs, according to a Moody’s presale report

US CLO round-up: volumes move in sync with 2017, but it could not be more different
$111 billion of CLO isssuance this year compared to $113 billion by this point last year. But new managers, spread movements and no risk retention make it seem like a completely different environment

Third time's a charm as Apollo reworks 2012 CLO once again
Apollo Credit Management has cemented its status as the most frequent restructurer of its older vintage CLOs

Apollo prices 2018's largest CLO refinancing
Yesterday saw 2018’s largest CLO refi transaction to date, as Apollo Credit Management issued a $726.13 million repricing of its 2015 deal, ALM XII

B-wic round-up: above par bids flood in for CLO double Bs
$401.43 million worth of CLO paper was available via b-wics last week out of which $378.23 million (94.2%) traded, according to CLO-i

Apollo set to return to CLO market with third reworking of 2012 deal
The manager has hired Goldman Sachs to arrange a $515.75 million reset of ALM VI, which was previously refinanced in June 2015 and July 2017

Structured credit specialists seek future-proofing in direct lending
At the turn of the last credit cycle, structured credit recovered spectacularly – but credit managers today seem to be gravitating towards private credit as the area to pick up excess returns in a downturn

Wells Fargo prices three CLO transactions in a single day
Wells Fargo priced three CLO transactions on Thursday, totalling $1.47 billion issuance, according to market sources

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Vintage deals revived as CLO equity investors buy, refi, reset and repeat
US CLOs are being reworked time and again as investors look to reset deals that have previously been refinanced

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

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