Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing - S&P Global Ratings’ Credit Research

Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing

Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing - S&P Global Ratings’ Credit Research
Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing
Published Jul 12, 2018
Published Jul 12, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW We reviewed Figueroa CLO 2014-1 Ltd., which, based on its proposed supplemental indenture, is expected to refinance its class A, B, C, D, E, and F notes on July 16, 2018, through an optional redemption and replacement note issuance. After analyzing the changes to the transaction, we assigned our preliminary ratings to the replacement class A-R and F-R notes. The original class A, B, C, D, E, and F notes are expected to be fully redeemed with the proceeds from the replacement note issuance on the July 16, 2018, refinancing date. NEW YORK (S&P Global Ratings) July 12, 2018--S&P Global Ratings today assigned its preliminary ratings to the class A-R and F-R replacement notes from Figueroa CLO 2014-1 Ltd.,

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing" Jul 12, 2018. Alacra Store. Jul 20, 2018. <http://www.alacrastore.com/s-and-p-credit-research/Preliminary-Ratings-Assigned-To-Two-Classes-From-Figueroa-CLO-2014-1-Ltd-In-Connection-With-Proposed-Refinancing-2070665>
  
APA:
S&P Global Ratings’ Credit Research. (). Preliminary Ratings Assigned To Two Classes From Figueroa CLO 2014-1 Ltd. In Connection With Proposed Refinancing Jul 12, 2018. New York, NY: Alacra Store. Retrieved Jul 20, 2018 from <http://www.alacrastore.com/s-and-p-credit-research/Preliminary-Ratings-Assigned-To-Two-Classes-From-Figueroa-CLO-2014-1-Ltd-In-Connection-With-Proposed-Refinancing-2070665>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.