Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings - S&P Global Ratings’ Credit Research

Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings

Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings - S&P Global Ratings’ Credit Research
Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings
Published Nov 09, 2023
6 pages (2716 words) — Published Nov 09, 2023
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We assigned ratings to Wilton Park CLO DAC's class A, B-1, B-2, C, D, E, and F notes. This CLO transaction securitizes a pool of primarily syndicated senior secured loans and bonds and is managed by Blackstone Ireland Ltd. The ratings reflect our view of the transaction's diversified collateral pool, credit enhancement, and legal structure, among other factors. LONDON (S&P Global Ratings) Nov. 9, 2023--S&P Global Ratings today assigned its credit ratings to Wilton Park CLO DAC's class A, B-1, B-2, C, D, E, and F notes. At closing, the issuer also issued unrated subordinated notes (see list above). The class F notes is a delayed draw tranche, which has a maximum notional amount of €11.40 million, and a spread

  
Brief Excerpt:

...- We assigned ratings to Wilton Park CLO DAC's class A, B-1, B-2, C, D, E, and F notes. - This CLO transaction securitizes a pool of primarily syndicated senior secured loans and bonds and is managed by Blackstone Ireland Ltd. - The ratings reflect our view of the transaction's diversified collateral pool, credit enhancement, and legal structure, among other factors. LONDON (S&P Global Ratings) Nov. 9, 2023--S&P Global Ratings today assigned its credit ratings to Wilton Park CLO DAC's class A, B-1, B-2, C, D, E, and F notes. At closing, the issuer also issued unrated subordinated notes (see list above). The class F notes is a delayed draw tranche, which has a maximum notional amount of 11.40 million, and a spread of three/six-month Euro Interbank Offered Rate (EURIBOR) plus 9.51%. They can only be issued once and only during the reinvestment period with an issuance amount totaling 11.40 million. The issuer will use the full proceeds received from the sale of the class F notes to...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings" Nov 09, 2023. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wilton-Park-CLO-DAC-European-Cash-Flow-CLO-Notes-Assigned-Ratings-3086473>
  
APA:
S&P Global Ratings’ Credit Research. (). Wilton Park CLO DAC European Cash Flow CLO Notes Assigned Ratings Nov 09, 2023. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wilton-Park-CLO-DAC-European-Cash-Flow-CLO-Notes-Assigned-Ratings-3086473>
  
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