|
|
 |
|
Viewing report
|
|
|
|
BlackRock Senior Income Series Ratings Raised On Six Classes Dec 11
Standard & Poors, Dec 2011
Abstract
OVERVIEW We raised our ratings on all classes from BlackRock Senior Income Series, a collateralized loan obligation (CLO) transaction. The upgrades reflect the increase in the credit support, primarily due to paydowns to the class A notes. The rating actions also reflect the lower level of defaults and an improvement in the credit quality of the portfolio since our last rating action. NEW YORK (Standard & Poor's) Dec. 12, 2011--Standard & Poor's Ratings Services today raised its ratings on the class A, B-1, B-2, C, D-1, and D-2 notes from BlackRock Senior Income Series, a collateralized loan obligation (CLO) transaction managed by BlackRock Financial Management Inc. (see list). The transaction has commenced paying down its class A notes following the...
Companies mentioned in this report are: BlackRock Senior Income Series
Action: Upgraded
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.
|
|
|
|
