Company name Race Point III
Headline Standard and Poor's Upgrade Notice


RNS Number : 6604G
Race Point III CLO/LLC
02 July 2012
 



 

Company name

Race Point III Clo

Headline

Standard and Poor's upgrade Notice

 

 

 

IRISH STOCK EXCHANGE ANNOUNCEMENT

 

 

 

                                                                                                                               27th June 2012

 

 

Race Point III CLO (the "Company")

U.S. $451,200,000 Class A Senior Secured Floating Rate Notes Due 2020

U.S. $25,200,000 Class B Senior Secured Floating Rate Notes Due 2020

   U.S. $42,000,000 Class C Secured Deferrable Floating Rate Notes Due 2020

U.S. $31,200,000 Class D Secured Floating Rate Notes Due 2020

U.S. $10,800,000 Class E Secured Floating Rate Notes Due 2020

 

Re: Standard and Poor's Upgrade

 

The Issuer hereby wishes to announce that the Class A, B, C, and Class E Notes were upgraded by Standard & Poor's on the 25th June 2012. Detailed as follows:

 

U.S. $451,200,000 Class A Senior Secured Floating Rate Notes Due 2020,               Upgraded to AA+ (sf); from A+ (sf);

U.S. $25,200,000 Class B Senior Secured Floating Rate Notes Due 2020,                  Upgraded to AA (sf); from A- (sf);

U.S. $42,000,000 Class C Secured Deferrable Floating Rate Notes Due 2020,           Upgraded to A- (sf); from BB+ (sf);

U.S. $10,800,000 Class E Secured Floating Rate Notes Due 2020,                             Upgraded to BB (sf); from B+ (sf).

 

 

Enquiries: 

Capita International Financial Services (Ireland) Ltd

Corporate Service Provider

Tel: 01-874 0777

 

 

 

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 

 


This information is provided by RNS
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