DBRS Discontinues Ratings on ICG US CLO 2016-2, Ltd.

DBRS, Inc. (DBRS) has today discontinued the ratings on the Senior Funding Facility and the Mezzanine Funding Facility (together, the Facilities) issued by ICG US CLO 2016-2, Ltd. as per the Warehouse Agreement dated September 14, 2016. The discontinuations reflect the repayment in full of the Facilities.

The rating on the Senior Funding Facility addressed the timely payment of the Senior Base Interest Amount and Senior Additional Payment Amounts as well as the ultimate payment of Senior Funding Amounts on or before the Scheduled Maturity Date in September 2025. The rating on the Mezzanine Funding Facility addressed the ultimate payment of the Mezzanine Base Interest Amount and Mezzanine Additional Payment Amounts as well as the ultimate payment of the Mezzanine Funding Amounts on or before the Scheduled Maturity Date in September 2025. For the avoidance of doubt, these ratings did not address the Senior Additional Interest Amount or the Mezzanine Additional Interest Amount.

Notes:
The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on dbrs.com under Methodologies.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.