Flatiron CLO 2011-1 Ltd./Flatiron CLO 2011-1 Inc. $322.25 Million Notes Assigned Preliminary Ratings Dec 11
- Language: English
- Published: December 2011
OVERVIEW NYLIM Flatiron CLO 2006-1 Ltd. is a CLO transaction backed by corporate loans. We raised our ratings on three classes of notes from NYLIM Flatiron CLO 2006-1 Ltd. and removed two of them from CreditWatch with positive implications. We affirmed our rating on four classes of notes. The upgrades reflect an improvement in the credit quality of the assets in the transaction's underlying portfolio since our rating actions in November 2009. The affirmations reflect credit quality commensurate with the current ratings. NEW YORK (Standard & Poor's) Jan. 23, 2012--Standard & Poor's Ratings Services today raised its ratings on three classes of notes from NYLIM Flatiron CLO 2006-1 Ltd., a collateralized loan obligation (CLO) transaction backed by corporate loans and...
Companies mentioned in this report are: NYLIM Flatiron CLO 2006-1 Ltd
Action: Removed From CreditWatch
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Research type: News
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