Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings

Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings
Published May 07, 2021
4 pages (1736 words) — Published May 07, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC's issuance is a CLO securitization backed primarily by broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests. We assigned our preliminary ratings to the class A-1, B, C, and D notes. The preliminary ratings reflect our view of the transaction's credit enhancement and legal structure, among other factors. CENTENNIAL (S&P Global Ratings) May 7, 2021--S&P Global Ratings today assigned its preliminary ratings to Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC's floating-rate notes (see list). The note issuance is a CLO securitization backed primarily by broadly syndicated speculative-grade (rated 'BB+' and lower) senior secured term loans that are governed by collateral quality tests. The preliminary

  
Brief Excerpt:

...- Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC's issuance is a CLO securitization backed primarily by broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests. - We assigned our preliminary ratings to the class A-1, B, C, and D notes. - The preliminary ratings reflect our view of the transaction's credit enhancement and legal structure, among other factors. CENTENNIAL (S&P Global Ratings) May 7, 2021--S&P Global Ratings today assigned its preliminary ratings to Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC's floating-rate notes (see list). The note issuance is a CLO securitization backed primarily by broadly syndicated speculative-grade (rated '##+' and lower) senior secured term loans that are governed by collateral quality tests. The preliminary ratings are based on information as of May 7, 2021. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Latin America
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings" May 07, 2021. Alacra Store. Apr 23, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Wind-River-2021-2-CLO-Ltd-Wind-River-2021-2-CLO-LLC-Notes-Assigned-Preliminary-Ratings-2644786>
  
APA:
S&P Global Ratings’ Credit Research. (). Wind River 2021-2 CLO Ltd./Wind River 2021-2 CLO LLC Notes Assigned Preliminary Ratings May 07, 2021. New York, NY: Alacra Store. Retrieved Apr 23, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Wind-River-2021-2-CLO-Ltd-Wind-River-2021-2-CLO-LLC-Notes-Assigned-Preliminary-Ratings-2644786>
  
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