- Language: English
- Published: January 2013
- Region: Singapore
Canaras Summit CLO Ltd. Ratings Raised On Three Classes; Three Ratings Affirmed Mar 12
- Published: March 2012
- Standard & Poors
OVERVIEW We raised our ratings on the class B, C, and D notes from Canaras Summit CLO Ltd. We affirmed our ratings on the class A-1, A-2, and E notes from the same transaction The upgrades reflect performance improvements we have observed in the transaction's underlying asset portfolio since our last rating action. NEW YORK (Standard & Poor's) March 26, 2012--Standard & Poor's Ratings Services today raised its ratings on the class B, C, and D notes from Canaras Summit CLO Ltd., a U.S. collateralized loan obligation (CLO) transaction managed by Canaras Capital Management. At the same time, we affirmed our ratings on the class A-1, A-2, and E notes (see list). The upgrades reflect improved collateral performance, and the...
Companies mentioned in this report are: Canaras Summit CLO Ltd
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Canaras Summit CLO Ltd