CDOs/CLOs

All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.

The construction and building sector raises the most concern, but issues should remain manageable.

Hansen will oversee all the firm's finance and operations.

New CLO entrants surge this year, especially in Europe where the arbitrage is attractive.

The market for so-called collateralized fund obligations could top $30 billion of new volume this year, up 50% from last year.

Also, spreads on broadly syndicated loan and middle-market CLOs widened for the second month.

Demands for new data centers account for the surge in financing, while offering portfolio diversity.

With credit spreads widening, Apollo Debt Solutions, or ADS, obtained a $500 million credit line that it can use to snap up more loans at an opportune time.

Unlike most CLOs, the deal is a so-called "static" transaction, with cash flows from a fixed pool of loans rather than an actively traded portfolio.