Symphony CLO IV Ltd. Ratings Raised On Five Class Dec 11
- ID: 2034906
- December 2011
- Standard & Poors
OVERVIEW We raised our ratings on the class A, B, C, D, and E notes issued by Symphony CLO IV Ltd. and removed them from CreditWatch with positive implications. The upgrades reflect improved performance we have observed in the deal's underlying asset portfolio since we lowered our ratings on the transaction on Oct. 23, 2009. NEW YORK (Standard & Poor's) Dec. 27, 2011--Standard & Poor's Ratings Services today raised its ratings on the class A, B, C, D, and E notes from Symphony CLO IV Ltd., a U.S. collateralized loan obligation (CLO) transaction managed by Symphony Asset Management LLC. At the same time, we removed our ratings on the upgraded notes from CreditWatch, where we placed them with positive implications...
Companies mentioned in this report are: Symphony CLO IV Ltd
Action: Removed From CreditWatch
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Research type: News
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