Credit Rating Report

Garrison Funding 2018-2 Ltd.: Rating Report

Structured Credit

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings of AAA (sf) on the Class A-1R-R Senior-Secured Revolving Floating-Rate Notes (the Class A-1R-R Notes) and on the Class A-1T-R Senior-Secured Floating-Rate Notes (the Class A-1T-R Notes; together with the Class A-1R-R Notes, the Class A-1 Notes) issued by Garrison Funding 2018-2 Ltd. (the Issuer or Garrison CLO) pursuant to the Indenture dated as of October 18, 2018, among the Issuer; Garrison Funding 2018-2 LLC as Co-Issuer; and Deutsche Bank Trust Company Americas (rated A (low) with a Negative trend by DBRS), as Trustee.

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.