Commercial And Military Flight Simulation - Global Strategic Business Report
- Language: English
- 774 Pages
- Published: October 2012
- Region: World
Abstract
Preliminary credit ratings have been assigned to the €111.5 million credit-linked notes to be issued by GATE SME CLO 2006-1 Ltd. (the issuer), a bankruptcy-remote SPE, incorporated under the laws of the Cayman Islands. At the same time, GATE SME CLO 2006-1 will issue €73.5 million of unrated notes. The transaction is a partially funded synthetic balance sheet CLO, referencing a portfolio of bank loans, overdraft facilities, "Schuldscheine", and revolving credit facilities or guarantees granted by Deutsche Bank AG affiliates to SMEs mainly in Europe, North America, and the Asia-Pacific region. The transaction aims to provide economic capital relief to Deutsche Bank. The structure of the transaction is shown in the following chart. At closing, Deutsche Bank will enter into...
Companies mentioned in this report are:
- Deutsche Bank AG
- GATE SME CLO 2006-1 Ltd.
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
READ MORE >
- Deutsche Bank AG
- GATE SME CLO 2006-1 Ltd.
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |