Press Release

DBRS Discontinues Rating on Ares CLO Warehouse 2017-3 LLC

Structured Credit
October 06, 2017

DBRS, Inc. (DBRS) discontinued the rating on the Facility issued by Ares CLO Warehouse 2017-3 LLC, as per the Warehouse Agreement dated July 11, 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 Amounts as well as the ultimate payment of Lender Funding Amounts on or before the Scheduled Maturity Date in July 2026. For the avoidance of doubt, this rating did 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.

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.