Dunedin Park Cash Flow CLO Notes Assigned Ratings - S&P Global Ratings’ Credit Research

Dunedin Park Cash Flow CLO Notes Assigned Ratings

Dunedin Park Cash Flow CLO Notes Assigned Ratings - S&P Global Ratings’ Credit Research
Dunedin Park Cash Flow CLO Notes Assigned Ratings
Published Sep 17, 2019
4 pages (1792 words) — Published Sep 17, 2019
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We have assigned our ratings to Dunedin Park CLO's European cash flow CLO notes. The transaction is a broadly syndicated CLO managed by Blackstone/GSO Debt Funds Management Europe Limited. LONDON (S&P Global Ratings) Sept. 17, 2019--S&P Global Ratings today assigned its credit ratings to Dunedin Park CLO DAC's class X to D European cash flow CLO notes (see list above). The ratings assigned to Dunedin Park CLO's notes reflect our assessment of: The diversified collateral pool, which consists primarily of broadly syndicated speculative-grade senior secured term loans and bonds that are governed by collateral quality tests. The credit enhancement provided through the subordination of cash flows, excess spread, and overcollateralization. The collateral manager's experienced team, which can affect the performance

  
Brief Excerpt:

...- We have assigned our ratings to Dunedin Park CLO's European cash flow CLO notes. - The transaction is a broadly syndicated CLO managed by Blackstone/GSO Debt Funds Management Europe Limited. LONDON (S&P Global Ratings) Sept. 17, 2019--S&P Global Ratings today assigned its credit ratings to Dunedin Park CLO DAC's class X to D European cash flow CLO notes (see list above). The ratings assigned to Dunedin Park CLO's notes reflect our assessment of: - The diversified collateral pool, which consists primarily of broadly syndicated speculative-grade senior secured term loans and bonds that are governed by collateral quality tests. - The credit enhancement provided through the subordination of cash flows, excess spread, and overcollateralization. - The collateral manager's experienced team, which can affect the performance of the rated notes through collateral selection, ongoing portfolio management, and trading....

  
Report Type:

Ratings Action

Issuer
Dunedin Park CLO DAC
Sector
Structured Finance
Country
Ireland
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Dunedin Park Cash Flow CLO Notes Assigned Ratings" Sep 17, 2019. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Dunedin-Park-Cash-Flow-CLO-Notes-Assigned-Ratings-2300596>
  
APA:
S&P Global Ratings’ Credit Research. (). Dunedin Park Cash Flow CLO Notes Assigned Ratings Sep 17, 2019. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Dunedin-Park-Cash-Flow-CLO-Notes-Assigned-Ratings-2300596>
  
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