DBRS Discontinues Rating on Revolving Credit Facility Issued by TPG SL SPV, LLC

DBRS, Inc. (DBRS) has today discontinued the ratings on the Revolving Credit Facility (the Facility) issued by TPG SL SPV, LLC (TPG) contemplating advances made by the lenders to a total commitment amount of $175,000,000 issued pursuant to the Revolving Credit and Security Agreement dated as of January 21, 2014.

The rating actions reflects repayment in full of the outstanding Facility.

The Facility was collateralized primarily by a portfolio of U.S. middle-market corporate loans and other corporate obligations. The Facility was managed by TPG Specialty Lending, Inc. The DBRS rating addressed TPG’s ability to make timely payments of interest and ultimate payment of principal on or before the Final Maturity Date of the Facility.

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

The applicable methodology is Rating CLOs and CDOs of Large Corporate Credit (April 2015), 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.