23.03.2015, 01:15
Fitch: Wood Street CLO V B.V. Unaffected by Global Certificate Conversion
OREANDA-NEWS. March 23, 2015. Fitch Ratings says that the conversion of the Wood Street CLO V B.V. class A-R Rule 144A/Reg S definitive certificates to Rule 144A/Reg S global certificates, as specified in amended issue deed and Class A-R note purchase agreement, will not affect the ratings of the notes.
The class A-R notes are variable funding notes, but, since the end of the reinvestment period, no additional advances of euro or sterling are possible. In addition, there are no unfunded revolving assets funded by the class A-R notes.
The class A-R notes are variable funding notes, but, since the end of the reinvestment period, no additional advances of euro or sterling are possible. In addition, there are no unfunded revolving assets funded by the class A-R notes.
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