Golub Capital Partners CLO 94(M)'s debt issuance is a CLO securitization governed by investment criteria and backed primarily by middle market speculative-grade senior secured term loans. We assigned our preliminary ratings to the class A-1, A-2, B, C, and D debt. The preliminary ratings reflect our view of the transaction's pool characteristics, credit enhancement, and legal structure, among other factors. DALLAS (S&P Global Ratings) Oct. 29, 2026--S&P Global Ratings today assigned its preliminary ratings to Golub Capital Partners CLO 94(M)'s floating-rate debt (see list). The debt issuance is a CLO securitization governed by investment criteria and backed primarily by middle market speculative-grade (rated'BB+'or lower) senior secured term loans. The transaction is managed by GC Investment Management LLC.
