[SPSF] Repackaged CLO Series KK-4 Ltd.#s Notes Assigned #AAA# Rating

Stocks and Financial Services Press Releases Tuesday September 19, 2017 09:03
TOKYO--19 Sep--S&P Global Ratings

This information is published by S&P Global SF Japan Inc. S&P Global SF JapanInc. is a registered credit rating agency under Japan's Financial Instrumentsand Exchange Act (FIEA) but is not registered as a Nationally RecognizedStatistical Rating Organization (NRSRO) under U.S. laws. Therefore the creditratings assigned by S&P Global SF Japan Inc. are Registered Credit Ratings

under FIEA but are not Credit Ratings issued by an NRSRO under U.S. laws.

TOKYO (S&P Global Ratings) Sept. 19, 2017--S&P Global SF Japan Inc. (SPSF)today said it has assigned its 'AAA' rating to the ¥27.89892 billionfloating-rate class A notes due 2029 issued by Repackaged CLO Series KK-4 Ltd.(the "Issuer"), a special-purpose company established in the Cayman Islands(see list below).

This is a repackaging of KKR CLO 10 Ltd./ KKR CLO 10 LLC's class A-Rcollateralized loan obligation (CLO) senior notes, which have been assigned a'AAA (sf)' rating. The Issuer issued Japanese yen-denominated repackaged notesand purchased the U.S. dollar-denominated CLO notes. The Issuer simultaneouslyentered into a balance guaranteed currency swap with Mitsubishi UFJ MorganStanley Securities Co. Ltd. The rating on the repackaged notes is linked tothe rating on the underlying CLO notes.


Latest Press Release

มหกรรม Western China International Fair (WCIF) เผยเสน่ห์แห่งจีนตะวันตก

มหกรรม Western China International Fair (WCIF) ครั้งที่ 17 จัดขึ้นภายใต้ธีม "New Era in China, New Action of the Western China" เมื่อวันที่ 20-24 กันยายนที่ผ่านมา ที่เมืองเฉิงตู มณฑลเสฉวน ณ ศูนย์การประชุมและนิทรรศการ International Exhibition Center of...

EXIM Thailand Finances Bangkok Airways Acquisition of Aircraft to Serve Route Expansion and Economic Growth in Asia

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Puttipong Prasarttong-Osoth, President of Bangkok Airways Public Company Limited, signed a financial facility agreement at Bangkok Airways' Head Office on...

KTC boosts KTC PROUD members for the rest of the year by launching Bt. 199 Promotion campaign to ease new member financial burdens.

Ms. Phichamon Jitpentham, Vice President - Personal Loans, "KTC" or Krungthai Card Public Company Limited,organizes special "Bt. 199 Promotion" campaign for customers with financial obligations who wish to register for "KTC PROUD" Revolving Loan cards....

Digital Oasis# Cutting-Edge Audio Voice AI Systems to be showcased during the HKTDC Hong Kong Electronics Fair from October 13-16, 2018

The first smart homes purely existed as ideas, not physical structures. The world of science fiction has provided a glimpse into the endless possibilities that these homes could bring for decades, with futuristic inventions designed to provide homeowners...

Photo Release: SCB collaborates with NSTDA and FabLab to support innovations for an aging society, offering up to 20 million baht credit lines and research funding of 400,000 baht per project

Siam Commercial Bank (SCB) has joined forces with the National Science and Technology Development Agency (NSTDA) and Chassis Plus Infill Co., Ltd. (Fab Lab), a leading partner in science, technology, and innovation, to sign an MOU supporting SMEs that...

Related Topics