Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing - S&P Global Ratings’ Credit Research

Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing

Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing - S&P Global Ratings’ Credit Research
Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing
Published Aug 08, 2024
6 pages (2316 words) — Published Aug 08, 2024
Price US$ 150.00  |  Buy this Report Now

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Abstract:

Eaton Vance CLO 2020-1 Ltd. refinanced its class A-R, B-R, C-R, D-R, and E-R debt on Aug. 8, 2024, through an optional redemption and replacement debt issuance. After analyzing the changes to the transaction, we assigned ratings to the replacement class A-RR, B-RR, C-RR, D-1RR, and E-RR debt and the new class D-2 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. NEW YORK (S&P Global Ratings) Aug. 8, 2024--S&P Global Ratings today assigned its ratings to the class A-RR, B-RR, C-RR, D-1RR,

  
Brief Excerpt:

...- Eaton Vance CLO 2020-1 Ltd. refinanced its class A-R, B-R, C-R, D-R, and E-R debt on Aug. 8, 2024, through an optional redemption and replacement debt issuance. - After analyzing the changes to the transaction, we assigned ratings to the replacement class A-RR, B-RR, C-RR, D-1RR, and E-RR debt and the new class D-2 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. NEW YORK (S&P Global Ratings) Aug. 8, 2024--S&P Global Ratings today assigned its ratings to the class A-RR, B-RR, C-RR, D-1RR, and E-RR replacement debt and the new class D-2 debt from Eaton Vance CLO 2020-1 Ltd./Eaton Vance CLO 2020-1 LLC, a CLO managed by Eaton Vance Management that was originally issued in August 2020 and underwent a first refinancing in September 2021. At the same time, we withdrew our...

  
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. "Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing" Aug 08, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Eaton-Vance-CLO-2020-1-Ltd-Debt-Rated-In-Connection-With-Refinancing-3227292>
  
APA:
S&P Global Ratings’ Credit Research. (). Eaton Vance CLO 2020-1 Ltd. Debt Rated In Connection With Refinancing Aug 08, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Eaton-Vance-CLO-2020-1-Ltd-Debt-Rated-In-Connection-With-Refinancing-3227292>
  
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