Redding Ridge cuts triple C exposure with reset of debut CLO

By Hugh Minch

Redding Ridge Asset Management reset its 2018 CLO RR 1 on Friday, cutting its Moody's Caa concentration from 8.9% to 3.03%, and its S&P CCC concentration from 10.1% to just 3.54% in the process

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TAGS: Refinancing CLO Apollo GreensLedge Pricing Primary market North America Redding Ridge

View details on CLO-i: RR 1