Moody's Ratings (Moody's) has downgraded the rating on the following notes issued by CarVal CLO III Ltd.: U.S.$10,000,000 Class F Junior Secured Deferrable Floating Rate Notes due 2032 (the "Class F Notes"), Downgraded to Caa1 (sf); previously on August 5, 2021 Assigned B3 (sf) CarVal CLO III L...
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