DBRS Discontinues Ratings on Loans Issued by Brightwood Capital Fund III 2016-2, LLC

DBRS, Inc. (DBRS) discontinued the ratings on the Class A-R Loans and the Class A-T Loans (together, the Class A Loans), the Class B Loans and the Class C Loans (collectively, the Loans) issued by Brightwood Capital Fund III 2016-2, LLC, pursuant to the Credit Agreement dated as of as of November 22, 2016. The discontinuations reflect repayment in full of the outstanding Loans.

The ratings on the Class A Loans and Class B Loans addressed the timely payment of interest and the ultimate payment of principal on or before the Stated Maturity (as defined in the Credit Agreement referred to above). The ratings on the Class C Loans addressed the ultimate payment of interest and the ultimate payment of principal on or before the Stated Maturity (as defined in the Credit Agreement referred to above).

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

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

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

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