DBRS Confirms Rating on Class A Available Commitment Issued by Confluent Senior Loan Opportunities p.l.c.
Structured CreditDBRS, Inc. (DBRS) has today upgraded from AA (sf) to AAA (sf) the rating on the Class A Available Commitment issued by Confluent Senior Loans Opportunities p.l.c. (Confluent).
Confluent is collateralized primarily by a portfolio of European and U.S. high-yield corporate loans. The DBRS rating addresses Confluent’s ability to make timely payments of interest and ultimate payments of principal on or before the legal maturity date of the Class A Available Commitment.
Notes:
All figures are in euros unless otherwise noted.
The applicable methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
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.
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