CVC and Spire ready new European CLOs

By Tom Brown
03 Jun 2020

CVC Credit Partners and Spire Partners have announced new European CLOs, CVC Cordatus Loan Fund XVII and Aurium CLO VI, as the European market slowly gets back to normal.

Natixis is arranging the €280m CVC deal while Bank of America is helping to place Spire's CLO VI.

The Cordatus CLO is split between a €163.45m senior tranche and a €19.95m class ‘B’ tranche, which Moody’s has rated triple-A and Aa2 respectively.

The deal also includes ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial