DBRS Confirms “A” Rating on Fortress Credit Lending LP

DBRS has today confirmed its rating of “A” on the $500 Million Facility (the Facility) issued by Fortress Credit Lending LP (Fortress Credit) that is collateralized by a portfolio of U.S. high-yield corporate loans. The DBRS rating addresses Fortress Credit’s ability to make timely payments of interest and the final payment of principal on the Facility’s legal maturity date.

The confirmation of the “A” rating reflects the observed performance of both the collateral pool and the structural mechanics since the transaction was initially assigned a DBRS rating on September 12, 2008.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating Global High Yield Securitizations, Structured Loans, and Tranched Credit Derivatives, which can be found under our website under Methodologies.

This is a Structured Finance rating.