The tranches in the $325 million ALM Loan Funding 2010-1 LTD CLO — arranged by Citigroup and managed by Apollo Management — have been priced, a source familiar with the situation said.

A $215 million tranche of triple-A-rated loans was priced at Libor plus 170 basis points at par, while an $11.1 million tranche of double-A-rated loans was priced at Libor plus 225 basis points, with a discount of 96.11.

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