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Aurium CLO IV Ltd: 30 April 2018


A cash-flow CLO, where the assets securing the notes will consist of a portfolio of primarily euro denominated Senior Loans, Secured Senior Bonds, Mezzanine Obligations and High Yield Bonds, and will be actively managed by Spire Partners LLP.

Spire is authorised and regulated by the Financial Conduct Authority. Spire was incorporated in 2012 by leverage finance and private equity professionals. Spire is an independent fund management firm focused on non-investment grade credit in Europe.

At least 90% of the portfolio must consist of secured senior obligations and up to 10% of the portfolio may consist of unsecured senior loans, unsecured senior bonds, second lien loans, mezzanine obligations, high yield bonds and/or first lien last out loans. The portfolio will feature a six month ramp-up period, and a re-investment period that ends on 16 July 2022.