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KBRA Europe Assigns Preliminary Ratings to Deer Park CLO DAC

Aug 21, 2020 - Business Wire

Kroll Bond Rating Agency Europe Limited (KBRA) assigns preliminary ratings to six classes of notes to be issued by Deer Park CLO DAC, a cash flow collateralised loan obligation (CLO) back primarily by a diversified portfolio of Euro-denominated corporate loans.

Deer Park CLO DAC is managed by Blackstone / GSO Debt Funds Management Europe Limited ("DFME" or the "collateral manager"). The CLO will have a 3.1-year reinvestment period and a 12.6-year legal final. The preliminary ratings reflec...