...- Canyon CLO 2019-2 Ltd. refinanced its class A-R, B-R, C-R, D-R, and E-R debt on Feb. 11, 2025, through an optional redemption and replacement debt issuance. - After analyzing the changes to the transaction, we assigned ratings to the replacement class A-R2, B-R2, C-R2, D-R2, and E-R2 debt. At the same time, we withdrew our ratings on the class A-R, B-R, C-R, D-R, and E-R debt following payment in full. - The ratings reflect our view of the credit support available to the refinanced debt after examining the new capital structure and payment mechanics. SAN FRANCISCO (S&P Global Ratings) Feb. 11, 2025--S&P Global Ratings today assigned its ratings to the class A-R2, B-R2, C-R2, D-R2, and E-R2 debt from Canyon CLO 2019-2 Ltd./Canyon CLO 2019-2 LLC, a CLO managed by Canyon CLO Advisors L.P. that was originally issued in September 2019 and underwent a refinancing in November 2021. At the same time, we withdrew our ratings on the class A-R, B-R, C-R, D-R, and E-R debt following payment in full...
