Concord Asset Backed Securitization Apollo
Apollo Global Asset Backed Finance White Paper Pdf Loans Asset Building on a longstanding relationship, apollo supported leading independent music company concord in october 2024 with an $850 million abs issuance – the latest of three transactions led by apollo, including the largest ever and highest rated music abs in history* at $1.8 billion. The ten year tranche was privately placed and is notably the longest duration abs issuance at scale in the music sector. this issuance, which is concord’s fourth securitization, is the largest and longest tenured asset backed term securitization of music rights to date.
Asset Backed Finance Apollo Global Management Apollo partner michael paniwozik, said: “we are pleased to structure and lead this landmark abs transaction for concord, which represents a continuation of our long term financing partnership and demonstrates concord’s innovative approach to music securitization through the issuance of the industry’s first 10 year tranche. Apollo has backed concord’s $1.765bn (£1.3bn) asset backed securitisation (abs) which features a first of its kind 10 year tranche. the asset manager structured the deal and formed an investor syndicate led by apollo managed funds and affiliates. Concord’s securitization catalog is valued at more than $5.1 billion and the notes were rated a by kbra and a2 by moody’s. apollo, through its capital solutions business and its affiliates, structured the abs transaction and formed an investor syndicate led by apollo managed funds and affiliates. In a securitization deal structured and led by apollo, music company concord struck a positive chord with investors who oversubscribed the $1.765 billion transaction by three times.
Asset Backed Finance Apollo Global Management Concord’s securitization catalog is valued at more than $5.1 billion and the notes were rated a by kbra and a2 by moody’s. apollo, through its capital solutions business and its affiliates, structured the abs transaction and formed an investor syndicate led by apollo managed funds and affiliates. In a securitization deal structured and led by apollo, music company concord struck a positive chord with investors who oversubscribed the $1.765 billion transaction by three times. Apollo (nyse: apo), through its capital solutions business, apollo global securities, llc, and together with its affiliate redding ridge asset management, structured the asset backed securitization (abs) and led an investor syndicate for the transaction. Learn more about the ongoing capital partnership between apollo and concord, which has resulted in the highest rated music abs (a2 by moody’s and a by kbra) ever at time of issuance:. The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. concord’s securitization catalog is valued at more than $5.1 billion and the notes were rated a by kbra and a2 by moody’s.
Asset Backed Finance Apollo Global Management Apollo (nyse: apo), through its capital solutions business, apollo global securities, llc, and together with its affiliate redding ridge asset management, structured the asset backed securitization (abs) and led an investor syndicate for the transaction. Learn more about the ongoing capital partnership between apollo and concord, which has resulted in the highest rated music abs (a2 by moody’s and a by kbra) ever at time of issuance:. The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. concord’s securitization catalog is valued at more than $5.1 billion and the notes were rated a by kbra and a2 by moody’s.
Asset Backed Finance Apollo Global Management The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. The latest issuance represents concord’s fourth securitization offering and the largest and longest tenured asset backed term securitization of music rights to date. concord’s securitization catalog is valued at more than $5.1 billion and the notes were rated a by kbra and a2 by moody’s.
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