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Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Board ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Board .
Apollo Senior Floating Rate FundFebruary 18, 2021 GMT
NEW YORK, Feb. 18, 2021 (GLOBE NEWSWIRE) The Board of Directors of Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (the “Funds”) announced today that they have approved the reorganization of AFT with and into AIF, with AIF continuing as the surviving Fund (the “Reorganization”).
It is currently expected that the Reorganization will be completed in or around the end of the second quarter of 2021, subject to the requisite approvals by each Fund’s shareholders and the satisfaction of customary closing conditions. ....

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MidCap resets $1.2bn CLO, while more super-sized deals line up

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
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Paola Aurisicchio , Midcap Financial Services , Apollo Credit Management , அப்பல்லோ கடன் மேலாண்மை ,