DBRS Discontinues Rating on Class A Notes Issued by Confluent Senior Loans Opportunities PLC

DBRS, Inc. (“DBRS”) has today discontinued its rating on the Class A Notes issued by Confluent Senior Loans Opportunities PLC (“Confluent”). Confluent is collateralized primarily by a portfolio of European and U.S. high-yield corporate loans. The DBRS rating addressed the Confluent’s ability to make timely payments of interest and ultimate payment of principal on or before the legal maturity of the notes.

The rating action reflects repayment in full of the Class A Notes.

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

This credit rating has been issued outside the European Union (EU) and may be used for regulatory purposes by financial institutions in the EU.

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