ALME Loan Funding IV CLO

Overview:

• ALME Loan Funding IV has issued €458.75 million in notes.
• The assets securing the notes primarily consist of senior loans, secured senior bonds, mezzanine obligations and high yield bonds which are managed by Apollo Management International.
• Deutsche Bank is the initial purchaser and Apollo Management International as the collateral manager.
• This is the first partnership between Apollo and Deutsche Bank in the primary CLO market.

Wai Yee Tsang - Journalist