DBRS Assigns New Rating of AA (sf) to Class A Available Commitment Issued by Confluent Senior Loans Opportunities plc
Structured CreditDBRS, Inc. (DBRS) has today assigned a rating of AA (sf) to the EUR 105 Million Class A Available Commitment 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 addresses Confluent’s ability to make timely payments of interest and ultimate payments of principal on or before the legal maturity date of the Notes.
Notes:
All figures are in euros unless otherwise noted.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
The applicable methodology is Rating CLOs and CDOs of Large Corporate Credit (January 2014), which can be found on our website under Methodologies.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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