...- Neuberger Berman Loan Advisers CLO 35 Ltd. refinanced its class A-1, A-2, and C debt on March 1, 2024, through an optional redemption and replacement debt issuance. - After analyzing the changes to the transaction, we assigned ratings to the replacement class A-R, A-L, and C-R debt, and withdrew our ratings on the original class A-1, A-2, and C debt following payment in full. We also affirmed our ratings on the class B-I, B-P, D, and E debt, which were not refinanced. - The ratings reflect our view of the credit support available to the refinanced debt after examining the new capital structure and payment mechanics. ENGLEWOOD (S&P Global Ratings) March 1, 2024--S&P Global Ratings today assigned its ratings to the class A-R, A-L, and C-R replacement debt from Neuberger Berman Loan Advisers CLO 35 Ltd./Neuberger Berman Loan Advisers CLO 35 LLC, a CLO originally issued in 2019 that is managed by Neuberger Berman Loan Advisers LLC. At the same time, we withdrew our ratings on the original...
