DBRS Confirms AAA Rating on OHA Capital Solutions Financing (Offshore), Ltd.
Structured CreditDBRS has today confirmed its rating of AAA on the $100 Million Facility (the Facility) issued by OHA Capital Solutions Financing (Offshore), Ltd. (OHA) that is collateralized by a portfolio of U.S. high-yield corporate loans. The DBRS rating addresses OHA’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 AAA rating reflects the observed performance of both the collateral pool and the structural mechanics since the transaction was initially assigned a DBRS rating on July 9, 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.
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