Apollo prices newest CLO with triple As at mid-130s
RR 40 issued with its top-of-stack paper at SOFR plus 134bps

Redding Ridge reprices first Irradiant CLO since takeover
Apollo’s CLO management subsidiary priced a reset of a two-year-old BSL deal, moving the short-dated issue to a standard-duration 2Y/5Y timetable

Apollo Debt Solutions BDC prices its debut CLO
The private credit transaction from the fund, which is run by Apollo Credit Management, is the market’s second debut CLO pricing in three days

Apollo’s MidCap resets second mid-market deal in quick order
The reset of middle market CLO Woodmont 2023-11 Trust followed shortly after the manager had repriced another such deal

Mid-market repricings keep coming, with deals from Deerpath and MidCap
The two transactions at the end of last week together totalled USD 1.3bn

Apollo’s Redding Ridge prints new USD 600m CLO
Unusually, the deal issued its triple A paper entirely in loan format

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’s Redding Ridge resets 2021-vintage CLO
The reworking of RR 19 priced its triple As in line with the current market average for US BSL resets  

Irradiant’s star investor Maji set to depart as firm is acquired by Apollo’s Redding Ridge
EXCLUSIVE: Debdeep Maji, Irradiant's head of structured credit, leads its third-party CLO equity fund, to be replaced by Apollo’s head of CLO investing

Apollo sets fresh triple-A low with latest print in Europe
Compared to the manager’s European deal last month, the cost of funding was 13bps lower  

Apollo’s Redding Ridge agrees to acquire Irradiant to become top 5 CLO manager
The deal will also see Irradiant Partners’s senior management team take up positions across Redding Ridge and Apollo

Apollo's Redding Ridge refinances 2022 vintage US BSL CLO
RR 20 is the first deal to be refinanced by the manager this year 

Apollo and Churchill set new low for middle-market CLO spreads
New deals from Churchill and MidCap have triple-A coupon spreads inside the tight set late last year by Blackstone  

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

Apollo's Redding Ridge joins Elmwood in pricing AAAs below 120
RR 37 was the second deal to price triple-As inside the levels seen in 2024

Apollo’s Redding Ridge resets, renames, and resizes BSL CLO from 2019
Redding Ridge Asset Management, the CLO management subsidiary of Apollo, has reset its RR 6, a 2019 vintage BSL CLO, and renamed it as RR 36 in the process

Apollo's MidCap prices first deal of 2024 with US reset
Middle-market specialist MidCap has returned to the market after 14 months with a USD 880m CLO offering   

RBC arranges two CLO resets in 24 hours
On Tuesday both Elmwood  and Redding Ridge printed resets arranged by RBC Capital. As coincidence would have it both of the reset deals are the 24^th in well-known US BSL CLO series

Apollo prints new US BSL USD 504.64m CLO in Redding Ridge series
Redding Ridge Asset Management, the CLO management subsidiary of Apollo, printed its third new US BSL CLO of the year in its Redding Ridge series with Barclays serving as the arranger and Apollo serving as co-placement agent

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

RRX 4 becomes RR 32 in latest Apollo CLO reset
Redding Ridge has reset RRX 4 CLO. Renamed in the reset to RR 32, the CLO dates back to 2021 when it was known as Gulf Stream Meridian 4.