Stone Tower CLO III Ltd. Ratings Raised On Eight Classes Feb 12
Standard & Poors, February 2012
Abstract
OVERVIEW Stone Tower CLO III Ltd. is a CDO transaction backed by corporate loans. We raised our ratings on eight classes of notes from Stone Tower CLO III Ltd. The upgrades reflect an improvement in the credit quality of the assets in the transaction's underlying portfolio since our December 2009 rating actions. NEW YORK (Standard & Poor's) Feb. 10, 2012--Standard & Poor's Ratings Services today raised its ratings on the eight classes of notes from Stone Tower CLO III Ltd., a collateralized loan obligation (CLO) transaction backed by U.S. corporate loans and managed by Stone Tower Debt Advisors LLC (see list). The upgrades reflect an increase in the overall credit support available to the rated notes since our December 2009...
Companies mentioned in this report are: Stone Tower CLO III Ltd
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.
Stone Tower CLO III Ltd
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
