- Language: English
- Published: October 2012
Southport CLO Ltd. Ratings Raised On Five Classes; Two Ratings Affirmed Feb 12
- Published: February 2012
- Standard & Poors
OVERVIEW We raised our ratings on the class A-1, A-3, C, D, and 2 notes from Southport CLO Ltd., a cash flow CLO transaction. At the same time, we affirmed our ratings on the class A-2 and B notes. We removed our ratings on the class A-1, A-3, B, C, and D notes from CreditWatch with positive implications. The rating actions reflect the paydowns to the class A-1 and A-2 notes that improved the credit support available to the transaction. NEW YORK (Standard & Poor's) Feb. 10, 2012--Standard & Poor's Ratings Services today raised its ratings on the class A-1, A-3, C, D, and 2 notes from Southport CLO Ltd., a cash flow collateralized loan obligation (CLO) transaction managed by...
Companies mentioned in this report are: Southport CLO, Limited
Action: Removed From CreditWatch
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Research type: News
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Southport CLO, Limited