5 April 2016 – Aurium CLO I Limited (“Aurium CLO I”), managed by Spire Partners LLP (“Spire”) has been voted European CLO Deal of the Year by GlobalCapital. GlobalCapital is a leading news, opinion and data service for people and institutions using and working in the international capital markets.
Commenting on the award, Phil Bennett-Britton, Partner, said “We are honoured to receive this prestigious award, and would like to thank our investors and other market counterparties for supporting us. The European CLO market has many highly respected managers and investors, and we are delighted that our first deal has been recognised by the industry in this way.”
Closed in March 2015, Aurium CLO I was Spire’s inaugural CLO. It was the first actively managed European CLO raised by a new manager in 2015, and was the first European 2.0 CLO to include a turbo feature on the single-B rated Class F notes.
Aurium CLO I was one of three CLOs nominated for GlobalCapital’s European Deal of the Year following a poll of arrangers, managers and investors. The award was presented at IMN’s annual investor conference on European CLOs and Leveraged Loans in London on 4 April 2016.