Moody's Ratings (Moody's) has downgraded the rating on the following note issued by Cairn CLO VIII DAC: ....EUR 9,300,000 Class F Senior Secured Deferrable Floating Rate Notes due 2030, Downgraded to B3 (sf); previously on May 20, 2021 Affirmed B2 (sf) We have also affirmed the ratings on the fo...
Announcement: Moody's: No adverse rating impact on the notes issued by Cairn CLO VIII DAC following extension of weighted average life test limit. Global Credit Research- 29 Oct 2021. London, 29 October 2021-- Moody's Investors Service announced today that the proposed extension of the weighted average life test limit in Cairn CLO VIII DAC would not, in and of itself and as of this point in time, result in a reduction, placement on review for possible downgrade or withdrawal of Moody's...
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