DBRS Confirms Rating on Loans Issued by Energy Funding LLC

DBRS, Inc. (DBRS) has today confirmed the rating of AAA (sf) on the Loans issued by Energy Funding LLC up to a Total Commitment of $150,000,000 pursuant to the Credit Agreement dated as of July 11, 2013.

The rating addresses Energy Funding LLC’s ability to make timely payments of interest and ultimate payment of principal on Loans on or before the Stated Maturity of the Loans. The Loans are collateralized by a portfolio of mostly senior-secured middle-market corporate loans and other corporate obligations. Energy Funding LLC is managed by FS Energy and Power Fund (the Collateral Manager), a business development company set up by FS Investment Advisor, LLC (the Investment Advisor) and GSO Capital Partners LP (the Sub-Advisor).

Notes:
All figures are in U.S. dollars unless otherwise noted.

The principle methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The rated entity or its related entities did participate in the rating process. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.