AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing - S&P Global Ratings’ Credit Research

AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing

AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing - S&P Global Ratings’ Credit Research
AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing
Published Nov 08, 2021
5 pages (2039 words) — Published Nov 08, 2021
Price US$ 150.00  |  Buy this Report Now

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Abstract:

AIMCO CLO 11 Ltd. refinanced its class A-1, A-2, B-1, B-2, C, D, and E notes on Nov. 8, 2021, through an optional redemption and replacement note issuance. After analyzing the changes to the transaction, we assigned ratings to the replacement class A-R, B-R, C-R, D-R, and E-R notes, and we withdrew our rating on the original notes following payment in full. The ratings reflect our view of the credit support available to the refinanced notes after examining the new capital structure and payment mechanics. NEW YORK (S&P Global Ratings) Nov. 8, 2021--S&P Global Ratings today assigned its ratings to the class A-R, B-R, C-R, D-R, and E-R replacement notes from AIMCO CLO 11 Ltd./AIMCO CLO 11 LLC, a CLO

  
Brief Excerpt:

...- AIMCO CLO 11 Ltd. refinanced its class A-1, A-2, B-1, B-2, C, D, and E notes on Nov. 8, 2021, through an optional redemption and replacement note issuance. - After analyzing the changes to the transaction, we assigned ratings to the replacement class A-R, B-R, C-R, D-R, and E-R notes, and we withdrew our rating on the original notes following payment in full. - The ratings reflect our view of the credit support available to the refinanced notes after examining the new capital structure and payment mechanics. NEW YORK (S&P Global Ratings) Nov. 8, 2021--S&P Global Ratings today assigned its ratings to the class A-R, B-R, C-R, D-R, and E-R replacement notes from AIMCO CLO 11 Ltd./AIMCO CLO 11 LLC, a CLO that is managed by Allstate Investment Management Co. At the same time, we withdrew our ratings on the original class A-1, A-2, B-1, B-2, C, D, and E notes following payment in full on the Nov. 8, 2021, refinancing date. (See ratings list.) This is a refinancing of its September 2020 transaction....

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Latin America
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing" Nov 08, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/AIMCO-CLO-11-Ltd-Notes-Assigned-Ratings-In-Connection-With-Refinancing-2752129>
  
APA:
S&P Global Ratings’ Credit Research. (). AIMCO CLO 11 Ltd. Notes Assigned Ratings In Connection With Refinancing Nov 08, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/AIMCO-CLO-11-Ltd-Notes-Assigned-Ratings-In-Connection-With-Refinancing-2752129>
  
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