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Callidus Debt Partners CLO Fund VII Ltd. Ratings Raised On Five Classes And Removed From Watch Positive Feb 12
Standard & Poors, Feb 2012
Abstract OVERVIEW We raised our ratings on the class A, B, C, D, and E notes from Callidus Debt Partners CLO Fund VII Ltd. and removed them from CreditWatch with positive implications. The upgrades mainly reflect an improvement in the credit performance of the transaction's underlying asset portfolio since we lowered our ratings on all of the notes in January 2010. NEW YORK (Standard & Poor's) Feb. 10, 2012--Standard & Poor's Ratings Services today raised its ratings on the class A, B, C, D, and E notes from Callidus Debt Partners CLO Fund VII Ltd., a U.S. collateralized loan obligation (CLO) transaction managed by GSO/Blackstone Debt Funds Management. At the same time, we removed the ratings from CreditWatch, where we placed...
Companies mentioned in this report are: Callidus Debt Partners CLO Fund VII Ltd Action: Removed From CreditWatch 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.
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