DBRS Withdraws Rating on the Class A-R & Class A-1T Loans of Tennenbaum Senior Loan SPV, LLC at the request of the Issuer

DBRS, Inc. (“DBRS”) has today withdrawn the rating of AAA (sf) on the Class A-R Loans and Class A-1T Loans of Tennenbaum Senior Loan SPV, LLC at the request of the Issuer. The amendment to the Credit Agreement (Amendment No. 2) dated December 19, 2013 marks the planned progression of the transaction into Stage 2 where a DBRS rating is no longer requested.

Tennenbaum Senior Loan SPV, LLC is collateralized primarily by a portfolio of U.S. middle market corporate loans and other corporate obligations and is managed by Tennenbaum Capital Partners, LLC. DBRS’s ratings address Tennenbaum Senior Loan SPV, LLC’s ability to make timely payments of interest and ultimate payments of principal on or before the Stated Maturity of the Loans.

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

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