DBRS Confirms Ratings of Domain Media LLC Delayed Draw Notes
OtherDBRS, Inc. (DBRS) has today confirmed the rating of the $50 million Domain Media LLC Series A Senior Secured Delayed Draw Notes and Series B Senior Secured Delayed Draw Notes (the Notes) at BBB (sf). The confirmation addresses both the performance of the transaction as well as proposed amendments to conform terminology within transaction documents. Performance of the transaction has been within DBRS expectations at the current rating level. The amendments are intended to enhance consistency, and DBRS deems they will not have a negative impact on the referenced credit rating.
Notes:
All figures are in U.S. dollars unless otherwise noted.
The applicable methodology is the DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
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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