Presale: ABPCI Direct Lending Fund CLO 23 LLC - S&P Global Ratings’ Credit Research

Presale: ABPCI Direct Lending Fund CLO 23 LLC

Presale: ABPCI Direct Lending Fund CLO 23 LLC - S&P Global Ratings’ Credit Research
Presale: ABPCI Direct Lending Fund CLO 23 LLC
Published Nov 04, 2026
Published Nov 04, 2026
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Preliminary ratings Class Preliminary rating Balance (mil. $) Overcollateralization (%) Par subordination (%) Interest rate (%) A-1 AAA (sf) 103.00 172.41 42.00 Three-month CME term SOFR + 1.470 A-1 loans AAA (sf) 100.00 172.41 42.00 Three-month CME term SOFR + 1.470 A-2 AAA (sf) 14.00 161.29 38.00 Three-month CME term SOFR + 1.700 B AA (sf) 26.25 143.88 30.50 Three-month CME term SOFR + 1.800 C-1 (deferrable) A (sf) 19.25 133.33 25.00 Three-month CME term SOFR + 2.200 C-2 (deferrable) A (sf) 8.75 129.03 22.50 Three-month CME term SOFR + 2.750 D-1 (deferrable) BBB- (sf) 15.75 121.95 18.00 Three-month CME term SOFR + 3.400 D-2 (deferrable) BBB- (sf) 7.00 119.05 16.00 Three-month CME term SOFR + 5.050 E (deferrable) BB-

  
Report Type:

Presale Report

Issuer
ABPCI Direct Lending Fund CLO 23 LLC
Sector
Structured Finance
Country
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Presale: ABPCI Direct Lending Fund CLO 23 LLC" Nov 04, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Presale-ABPCI-Direct-Lending-Fund-CLO-23-LLC-3654591>
  
APA:
S&P Global Ratings’ Credit Research. (). Presale: ABPCI Direct Lending Fund CLO 23 LLC Nov 04, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Presale-ABPCI-Direct-Lending-Fund-CLO-23-LLC-3654591>
  
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