DBRS Discontinues Ratings on Loans Issued by Trinitas CLO X, Ltd.

DBRS, Inc. (DBRS) discontinued the ratings on the Senior Funding Facility and the Mezzanine Funding Facility (together, the Facilities) issued by Trinitas CLO X, Ltd. as per the Warehouse Agreement dated as of October 23, 2018. 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 and the ultimate payment of Senior Funding Amounts on or before the Scheduled Maturity Date in October 2027. The rating on the Mezzanine Funding Facility addressed the ultimate payment of the Mezzanine Base Interest Amount and Mezzanine Additional Payment Amounts and the ultimate payment of the Mezzanine Funding Amounts on or before the Scheduled Maturity Date in October 2027. For the avoidance of doubt, these ratings did not address the Senior Additional Interest Amount or the Mezzanine Additional Interest Amount.

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

The principal methodology is Rating CLOs and CDOs of Large Corporate Credit, which can be found on dbrs.com under Methodologies & Criteria.

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

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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