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Rockwall CDO II Ltd. Ratings Affirmed On Six Classes; Four Ratings Removed From CreditWatch Positive Nov 11 Product Image

Rockwall CDO II Ltd. Ratings Affirmed On Six Classes; Four Ratings Removed From CreditWatch Positive Nov 11

  • Published: November 2011
  • Standard & Poors

Abstract
OVERVIEW We affirmed our ratings on the class A-1LA, A-1LB, A-2L, A-3L, B-1L, and B-2L notes from Rockwall CDO II Ltd. Concurrently, we removed our ratings on the class A-1LA, A-1LB, A-2L, and A-3L notes from CreditWatch with positive implications. The affirmations of the notes reflect the availability of credit support at the current rating levels and our understanding that the transaction has experienced a subordinate debt note cancellation. NEW YORK (Standard & Poor's) Nov. 22, 2011--Standard & Poor's Ratings Services today affirmed its ratings on the class A-1LA, A-1LB, A-2L, A-3L, B-1L, and B-2L notes from Rockwall CDO II Ltd., a collateralized loan obligation (CLO) transaction managed by Highland Capital Management L.P. At the same time, we removed our...

Companies mentioned in this report are: Rockwall CDO II Ltd.
Action: Affirmed
Action: Removed From CreditWatch

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Rockwall CDO II Ltd.

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