OCP Aegis CLO 2025-41 Ltd.'s debt issuance is a CLO securitization governed by investment criteria and backed primarily by broadly syndicated speculative-grade senior secured term loans. We assigned our ratings to the class A, B-1, B-2, C, D-1, D-2, and E debt. The ratings reflect our view of the transaction's credit enhancement, pool characteristics, and legal structure, among other factors. NEW YORK (S&P Global Ratings) May 1, 2025--S&P Global Ratings today assigned its ratings to OCP Aegis CLO 2025-41 Ltd./OCP Aegis CLO 2025-41 LLC's fixed- and floating-rate debt (see list). The debt issuance is a CLO securitization governed by investment criteria and backed primarily by broadly syndicated speculative-grade (rated 'BB+' or lower) senior secured term loans. The transaction is managed
