DBRS Discontinues Rating on Shackleton 2017-XI CLO Funding LLC

DBRS, Inc. (DBRS) discontinued the rating on the Funding Facility (the Facility) issued by Shackleton 2017-XI CLO Funding LLC as per the Warehouse Agreement dated April 18, 2017. The discontinuation reflects the repayment in full of the Facility.

The rating on the Facility addressed the timely payment of the Base Interest Amount and Additional Payment Amount and the ultimate payment of the Outstanding Funding Amount on or before the Scheduled Maturity Date in April 2026. For the avoidance of doubt, this rating does not address the Additional Interest Amount.

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

The principal methodology is Rating Methodology for CLOs and CDOs of Large Corporate Credit, which can be found on dbrs.com 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.