Apollo sub Redding Ridge issues first euro CLO

Apollo Global Management subsidiary Redding Ridge is in the market with its debut euro CLO arranged by BNP Paribas, out with price guidance for the deal on Tuesday.

  • By Tom Brown
  • 12 Feb 2019

The class 'A' notes and equity have been announced as 'subject', and the class 'B' notes are being guided at 175bp-185bp. The class 'C' notes have been given guidance of  275bp, class 'D' is being guided at 390bp and class 'E' at 660bp.

The portfolio is expected ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 11.08%
2 JPMorgan 33,238.00 94 9.04%
3 Wells Fargo Securities 31,218.81 89 8.49%
4 Bank of America Merrill Lynch 28,936.60 91 7.87%
5 Credit Suisse 23,189.41 72 6.31%