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.

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

MidCap resets brings in middle market CLO senior spreads 110bps
Apollo affiliate MidCap Financial's reset of a static middle market CLO from 2023 led to an eye-catching reduction in the triple-A spreads   

Apollo’s BDC prices massive new US BSL CLO
Apollo Debt Solutions BDC printed a USD 754.70m new issue CLO via Morgan Stanley with Apollo and Morgan Stanley sharing co-placement agent roles

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 prints latest CLO in Redding Ridge series
Senior spreads held steady as Apollo prices its second US BSL CLO of the year under the Redding Ridge name

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

Nuveen hires CLO veteran from Apollo
An Apollo managing director is joining Nuveen in August to be the head of CLO capital markets and structuring 

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

Atlas SP keeps it in the family for CLO arranging debut
Apollo affiliate Atlas SP has made its lead arranger debut, taking the reins on refinancing a CLO managed by fellow Apollo affiliate Redding Ridge

Atlas SP poised to join CLO arranger ranks
Atlas SP is readying to enter the CLO arranging business, with the New York-based origination platform, which was formed out of the former Credit Suisse Securitized Products business, understood to be working on a forthcoming reset

2021 vintage CLO gets a reset and a third name
Apollo’s Redding Ridge Asset Management on Thursday priced a reset of a US BSL CLO whose names include RR 29, RRX 3 and Gulf Stream Meridian 3

2022-vintage Apollo European CLO gets mezz-only refi
With four 2022-vintage CLOs being reworked in a single day, the anticipated boom in European reset and refinancing issuance kicked off in earnest on Friday

Apollo brings European CLO triple As down to 141
The European primary market hit a new year-to-date tight just in advance of the long weekend, when Apollo affiliate Redding Ridge lowered the triple-A benchmark to 141bps over Euribor

Apollo redeems ALME Loan Funding V CLO via BWIC
Apollo is the seller of the EUR 237m BWIC that was due on 16 January as it liquidated its ALME Loan Funding V CLO

Diameter joins the 2022 reset club
New York-based Diameter Capital Partners priced a reset of its largest CLO to date last week, with the debt tranches on the 2022-vintage Diameter Capital CLO 4 upsized from USD 445m to 451.25

Redding Ridge reset marks Scotia's first lead arranger role
Scotiabank continued its push into the CLO arranging business yesterday, arranging its first CLO as the sole structuring agent and lead placement agent

Redding Ridge adds to tally with US new issue CLO
It has been a slow week for the CLO market but Redding Ridge has started the ball rolling again with its fourth US deal this year