Ratings Raised On CLO Transaction Cadogan Square CLO II's Class A-2 And C Notes; Class A-1, B, D, And E Notes Affirmed Feb 12
Standard & Poors, February 2012
Abstract
OVERVIEW We have reviewed the transaction's credit performance. We have raised our ratings on the class A-2 and C notes and affirmed our ratings on the class A-1, B, D, and E notes We have also withdrawn our rating on the class W combination notes. Cadogan Square CLO II is a cash flow CLO transaction that securitizes loans to primarily speculative-grade corporate firms. LONDON (Standard & Poor's) Feb. 2, 2012--Standard & Poor's Ratings Services today raised its credit ratings on Cadogan Square CLO II B.V.'s class A-2 and C notes. At the same time, we have affirmed our ratings on the class A-1, B, D, and E notes, and withdrawn our rating on the class W combination notes (see list...
Companies mentioned in this report are: Cadogan Square CLO II B.V.
Action: Affirmed
Action: Upgraded
Action: Withdrawn
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.
Cadogan Square CLO II B.V.
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