TIAA Churchill Middle Market CLO I Ltd.: Presale Report
Structured CreditSummary
DBRS, Inc. (DBRS) assigned a provisional rating of AAA (sf) to the Class A-R Senior Secured Floating Rate Notes (the Class A-R Notes) to be issued by TIAA Churchill Middle Market CLO I Ltd. and TIAA Churchill Middle Market CLO I LLC (together, the Co-Issuers) pursuant to the Indenture to be dated October [22], 2018, among TIAA Churchill Middle Market CLO I Ltd., as Issuer; TIAA Churchill Middle Market CLO I LLC, as Co-Issuer; and The Bank of New York Mellon Trust Company, National Association (rated AA with a Stable trend by DBRS), as Trustee.