KBRA Withdraws the Class A-1 Rating for Wind River 2015-1, Ltd.
10 Apr 2024 | New York
KBRA withdraws the rating on the Class A-1 Notes issued by Wind River 2015-1 CLO Ltd., a cash flow collateralized loan obligation (“CLO”) backed by a diversified portfolio of broadly syndicated corporate loans. The rating withdrawal follows the notes paid down in full on April 10, 2024 in connection to Partial Redemption by Refinancing. Since the transaction closed, the Class A-1 Notes have received timely distributions of interest payments.
Wind River 2015-1 CLO Ltd. is a $617.62 million cash flow CLO managed by First Eagle Alternative Credit, LLC. The CLO originally closed in July 2015, partially refinanced in August 2017, and reset again in November 2018. The notes were collateralized by a $603.52 million portfolio of broadly syndicated senior secured term loans to corporate borrowers at closing of the November 2018 reset amendment. The transaction reinvestment period ended in October 2023.
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