Halcyon Loan Advisors Funding 2017-2 Ltd. 280.125 Million Notes Assigned Rating

Stocks and Financial Services Press Releases Friday November 17, 2017 09:15
CENTENNIAL--17 Nov--S&P Global Ratings
OVERVIEW
  • Halcyon Loan Advisors Funding 2017-2 Ltd./Halcyon Loan Advisors Funding 2017-2 LLC's issuance is a CLO transaction backed primarily by broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests.
  • We assigned our rating to the class A-1 notes.
  • The rating reflects our view of the transaction's diversified collateral pool, credit enhancement, and legal structure, among other factors.

CENTENNIAL (S&P Global Ratings) Nov. 16, 2017--S&P Global Ratings today assigned its rating to Halcyon Loan Advisors Funding 2017-2 Ltd./Halcyon Loan Advisors Funding 2017-2 LLC's $280.125 million floating-rate notes (see list).

The note issuance is a collateralized loan obligation transaction backed primarily by broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests.
The rating reflects: