• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
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

  • ID: 2026378
  • 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

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.

Note: Product cover images may vary from those shown

RELATED PRODUCTS