Three years after launch, Rockford Tower joins the elite
The CLO platform launched by King Street Capital Management in 2017 has been crowned Creditflux Manager of the Year

Newcomer wins Creditflux Manager of the Year award in virtual event
Last night Creditflux presented its first ever virtual hosting of our annual Manager Awards, with over 450 people tuning in live to see the winners announced

Creditflux announces finalists for Manager of the Year award
Ahead of the virtual awards ceremony on 15 July Creditflux is thrilled to announce the four finalists for the prestigious Manager of the Year category.

Mezzanine CLO spreads tighten by over 20% with Spire European deal
European CLO spreads have tightened sharply across the board after Spire Partners priced Aurium CLO VI at levels much tighter than recent deals

Spire to price European CLO later today
Spire Partners is set to price Aurium CLO VI later today, sources say, with the CLO subject on all its tranches

Seven points basis opens up in CLO triple Bs - but Investcorp trades well to defy trend
Triple B rated tranches once again swamped the secondary CLO market yesterday and trading levels suggest the basis between bonds on negative watch/outlook versus those not subject to a downgrade is about seven points

US and European CLO triple Bs hit secondary market as downgrade fear sets in
Downgrade risk is being priced into triple B-rated CLO tranches, according to market sources, after a wave of mezzanine and junior CLO debt tranches swept onto b-wics yesterday

Secondary CLO debt trades well but Trace suggests CLO equity trading at 12 cents
A variety of CLO paper was in for the bid yesterday with US secondary CLO volumes reaching $281 million, and European volumes hitting €74 million

Global CLO b-wic round-up: volumes jump as investors get their triple A fix
The US CLO secondary market brought over $1.2 billion in total listings last week with the main driver behind last week’s supply being an increase in US CLO triple A bonds and an anchor equity position.

Any takers for illiquid European CLO equity?
The investor base for European CLO equity is far smaller than for US CLO equity. But for those with the mandate, and willing to stomach the illiquidity, valuations have been strong this year.

Spire becomes first manager to refinance 2017 European CLO
Spire Partners yesterday became the first European CLO manager to refinance a 2017 vintage transaction, according to market sources

Euro CLO league tables: back to earth in tandem as issuance nosedives
August brought just €1.12 billion of issuance in the European CLO market across two refinancings and one reset, the quietest month since January when only €0.51 billion of European CLOs priced

Spire brings in structured credit specialist from WyeTree
Spire Partners has hired a junior portfolio manager from WyeTree Asset Management with a view to expanding its structured credit investments

Spire prices CLO triple As at 105bp as Euribor rates slide
Spire Partners scored Europe’s tightest triple A CLO print of the year yesterday with market sources indicating that this is a reflection of how attractive CLO tranches are given the recent drop in Euribor rates

Euro CLO spreads could tighten further as Spire targets 105bp triple A print
Spire Partners is looking to bring Europe’s CLO market even tighter as it readies a reset of its inaugural deal named Aurium CLO I

Spire scales heights as Creditflux’s Manager of the Year 2019
Spire Partners celebrated bringing home three Creditflux awards, including the coveted Manager of the Year trophy, on a night of high spirits on 8 May at London’s Landmark Hotel.

Spire wins Creditflux Manager of the Year award
Spire Partners was the big winner at Creditflux's Manager Awards last night as the London-based manager scooped the award for the manager of the year. On top of this, the firm picked up awards for Best European CLO Manager and Best European CLO for Aurium CLO II

CVC, Octagon and Spire vie for multiple Creditflux awards
Creditflux is pleased to unveil the finalists for the most prestigious awards dinner in the credit

Tail wags dog as European CLOs' 108bp benchmark drags loans
European CLOs usually price on the back of where underlying loans are printing, but this year the reverse looks to be true

Euro CLO round-up: Spire and CVC take roads less travelled
The European CLO market was reinvigorated this week as the two deals which priced brought something fresh to the table.

Spire prices Europe's first CLO of 2019 with syndicated triple As
Spire Partners has priced the first European CLO of 2019 with widely-syndicated triple As, according to market sources

Spire teams with BAML for the first time on a CLO as it markets €407 million deal
Price talk has emerged for a new European CLO being marketed by Spire Partners, according to market sources

Spire adds to credit analysis team with senior hire
Spire Partners has hired a senior credit analyst, according to a statement from the firm