...- ABPCI Private Funding I LLC's debt issuance is a middle market loan facility governed by investment criteria and backed primarily by middle market speculative-grade senior secured term loans. - We assigned our preliminary ratings to the class A-R, A-D1, and A-D2 loans, and class B, C, and D notes. - The preliminary ratings reflect our view of the transaction's pool characteristics, credit enhancement, and legal structure, among other factors. DALLAS (S&P Global Ratings) June 23, 2025--S&P Global Ratings today assigned its preliminary ratings to ABPCI Private Funding I LLC's floating-rate debt (see list). The debt issuance is a middle market loan facility governed by investment criteria and backed primarily by middle market speculative-grade (rated '##+' or lower) senior secured term loans. The transaction is managed by AB Private Credit Investors LLC. The preliminary ratings are based on information as of June 23, 2025. Subsequent information may result in the assignment of final ratings...
