- Language: English
- Published: December 2013
- Region: Ireland
Preliminary Ratings Assigned In Avoca Capita's Sixth Leveraged Loan CLO Transaction Oct 06
- Published: October 2006
- Standard & Poors
LONDON (Standard & Poor's) Oct. 5, 2006Standard & Poor's Ratings Services said today that it assigned its preliminary credit ratings to the €470.25 million floating-rate notes to be issued by Avoca CLO VI PLC, an SPE. At the same time, Avoca CLO VI will issue unrated notes totaling €37.7 million (see list below). The transaction will be managed by Avoca Capital Holdings. It will be Avoca Capital's sixth leveraged loan CLO, following Avoca CLO V PLC, which closed in June 2006. The collateral portfolio will consist of senior and mezzanine loans, and high-yield bonds. Avoca CLO VI is a bankruptcy-remote private company with limited liability, which was incorporated in 2006 under the laws of Ireland. Its only purposes are to...
Companies mentioned in this report are:
- Avoca CLO VI PLC
Action: Preliminary Rating
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Research type: News
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- Avoca CLO VI PLC