By Paola Aurisicchio
08 Feb 2021
Extra-large deals are flooding the CLO market with MidCap Financial Services, a subsidiary of Apollo, resetting its $1.206bn mid-market CLO named Woodmont 2017-2, and sources expecting new issues in large size ahead.
The reset of the Woodmont deal was priced on Friday, and represents the largest primary transaction in exactly one year, though not a new issue. In February 2020, Apollo Credit Management stunned the CLO landscape with a $2.14bn CLO, the largest CLO transaction since 2017.The Woodmont 2017-2
. Already a subscriber? Login