Knightsbridge CLO 2007-1 Ltd. Ratings Affirmed On Six Classes; Five Ratings Removed From CreditWatch Positive May 12
Standard & Poors, May 2012
Abstract
OVERVIEW We affirmed our ratings on the class A1, A2, B, C, D, and E notes from Knightsbridge CLO 2007-1 Ltd. We removed our ratings on the class A2, B, C, D, and E notes from CreditWatch positive. The affirmations reflect sufficient credit support available to the notes at the current rating levels. NEW YORK (Standard & Poor's) May 9, 2012--Standard & Poor's Ratings Services today affirmed its ratings on the class A1, A2, B, C, D, and E notes from Knightsbridge CLO 2007-1 Ltd., a collateralized loan obligation (CLO) transaction managed by Ivy Hill Asset Management L.P. At the same time, we removed the ratings on the class A2, B, C, D, and E notes from CreditWatch, where we...
Companies mentioned in this report are: Knightsbridge CLO 2007-1 Limited
Action: Affirmed
Action: Removed From CreditWatch
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.
Knightsbridge CLO 2007-1 Limited
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