CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings

CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings
Published Nov 04, 2026
Published Nov 04, 2026
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Abstract:

Ratings Class Preliminary rating* Preliminary amount (mil. €) Credit enhancement (%) Interest rate§ A AAA (sf) 246.00 38.50 Three/six-month EURIBOR plus 1.24% B AA (sf) 45.00 27.25 Three/six-month EURIBOR plus 1.65% C A (sf) 26.00 20.75 Three/six-month EURIBOR plus 1.80% D BBB- (sf) 28.00 13.75 Three/six-month EURIBOR plus 2.60% E BB- (sf) 18.00 9.25 Three/six-month EURIBOR plus 4.80% F B- (sf) 11.00 6.50 Three/six-month EURIBOR plus 8.40% Sub NR 29.30 N/A N/A *The preliminary ratings assigned to the class A and B notes address timely interest and ultimate principal payments. Our preliminary ratings address ultimate interest and principal payments on the other rated notes. The payment frequency switches to semiannual, and the index switches to six-month EURIBOR when a frequency

  
Report Type:

Ratings Action

Issuer
CVC Cordatus Loan Fund XXXIX DAC
Sector
Structured Finance
Country
Format:
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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.

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MLA:
S&P Global Ratings’ Credit Research. "CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings" Nov 04, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/CVC-Cordatus-Loan-Fund-XXXIX-DAC-European-Cash-Flow-Notes-Assigned-Preliminary-Ratings-3654436>
  
APA:
S&P Global Ratings’ Credit Research. (). CVC Cordatus Loan Fund XXXIX DAC European Cash Flow Notes Assigned Preliminary Ratings Nov 04, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/CVC-Cordatus-Loan-Fund-XXXIX-DAC-European-Cash-Flow-Notes-Assigned-Preliminary-Ratings-3654436>
  
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