MidCap brings CLO resets back with largest deal since sell-off

By Hugh Minch

MidCap Financial, the direct lending arm of Apollo Global, has priced the first CLO reset since February, teaming up with Wells Fargo to repurpose its 2017 vintage CLO named Woodmont 2017-1 Trust. The transaction is the largest in the CLO market post-covid, coming in at a huge $651.8 million

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TAGS: Direct lending Refinancing CLO Apollo Wells Fargo Pricing Primary market North America

View details on CLO-i: Woodmont 2017-1 Trust