• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
ICE 1: EM CLO Ltd. Ratings Lowered On Four Classes; Three Ratings Affirmed Product Image

ICE 1: EM CLO Ltd. Ratings Lowered On Four Classes; Three Ratings Affirmed

  • Published: April 2011
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

OVERVIEW We lowered our ratings on the class A-2, A-3, B, and C notes from ICE 1:EM CLO Ltd., and removed them from CreditWatch with negative implications. We affirmed our ratings on class A-1D, A-1R, and D notes and removed them from CreditWatch negative. The downgrades reflect the application of our criteria for rating corporate backed CDO transactions. The affirmations reflect our view that the tranches READ MORE >


Note: Product cover images may vary from those shown