Methodology
Operational Risk Assessment for Collateralized Loan Obligations (CLOs) and Corporate CDOs
Structured CreditAvailable Documents
Related Documents
Press Release:
- Morningstar DBRS Confirms its Credit Ratings on the Loans of ABPCI Pacific Funding LP
- Morningstar DBRS Assigns Credit Rating to the Advances of Cerberus Stepstone Levered LLC
- Morningstar DBRS Confirms Credit Rating on the Class A Notes Issued by CBAM 2018-5, Ltd.
- Morningstar DBRS Confirms Credit Ratings on the Class A Loans of Cerberus 2112 Levered LLC
- Morningstar DBRS Confirms Credit Ratings on the Class A Loans of Cerberus PSERS Levered LLC
- Morningstar DBRS Discontinues Credit Ratings on the Secured Notes Issued by VCP CLO II, Ltd.
- Morningstar DBRS Assigns Provisional Credit Ratings to the Advances of Kaamanen Levered B, LP
- Morningstar DBRS Assigns and Confirms Credit Ratings on the Loans of ABPCI Pacific Funding LP
- Morningstar DBRS Discontinues Credit Rating on Loans of Brightwood Fund III Static 2021-1, LLC
- DBRS Morningstar Assigns Provisional Credit Ratings to the Loans of BTC Holdings Fund III-B LLC
- Morningstar DBRS Confirms Credit Ratings on the Loans Issued by Cerberus Onshore Levered IV LLC
- Morningstar DBRS Discontinues Credit Rating on the Class A-1 Notes Issued by Ares XLVI CLO Ltd.
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Loans of BTC Holdings Fund III LLC
- Morningstar DBRS Finalizes Provisional Credit Ratings on the Notes of Cornhusker Funding 1C LLC
- Morningstar DBRS Confirms AA (sf) Ratings on the Class A Loans of Cerberus Redwood Levered B LLC
- DBRS Morningstar Confirms Credit Ratings on the Secured Notes of BlackRock DLF IX CLO 2021-1, LLC
- DBRS Morningstar Confirms Credit Ratings on the Secured Notes of BlackRock DLF IX CLO 2021-2, LLC
- Morningstar DBRS Confirms Provisional Credit Ratings on the Tranche Amounts of Granville USD Ltd.
- DBRS Morningstar Upgrades and Confirms Credit Ratings on Notes Issued by TCP DLF VIII 2018 CLO, LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to the Notes Issued by Parliament Funding IV LLC
- DBRS Morningstar Discontinues Credit Rating on the Class A-T Loans Issued by BTC Holdings Fund I, LLC
- Morningstar DBRS Confirms Credit Rating on Notes Representing Advances to Cerberus SWC Levered II LLC
- Morningstar DBRS Finalizes Credit Ratings on the Loans Issued by BTC Offshore Holdings Fund III-B LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to the Advances Issued by Cerberus 9990 Levered LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to Palmer Square European Loan Funding 2024-2 DAC
- Morningstar DBRS Confirms Credit Rating on BlackRock Shasta Senior Loan Fund VII, LLC Class A-1 L-R Loans
- Morningstar DBRS Confirms Credit Rating on the Notes Representing the Advances to Cerberus ND Levered LLC
- DBRS Morningstar Upgrades and Confirms Credit Ratings on the Secured Notes of BlackRock DLF IX 2019 CLO, LLC
- Morningstar DBRS Discontinues Credit Ratings on the Secured Notes Issued by Portman Ridge Funding 2018-2 Ltd
- Morningstar DBRS Confirms Credit Ratings on the Class A-R Loans and Class A-T Loans of ABPCIC Funding IV, LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to the Loans Issued by BTC Offshore Holdings Fund III-B LLC
- DBRS Morningstar Assigns Provisional Ratings to Certain Tranche Amounts of Manitoulin USD Ltd., Algonquin 2023-1
- Morningstar DBRS Upgrades and Confirms Provisional Credit Ratings on the Secured Notes of Tidal Notes Issuer LLC
- Morningstar DBRS Confirms and Upgrades Provisional Credit Ratings on the Secured Notes of Gemini Notes Issuer LLC
- Morningstar DBRS Upgrades and Confirms Provisional Credit Ratings on the Secured Notes of Jordan Notes Issuer LLC
- Morningstar DBRS Upgrades and Confirms Provisional Credit Ratings on the Secured Notes of Ripple Notes Issuer LLC
- Morningstar DBRS Assigns Provisional Credit Ratings to Certain Tranche Amounts of Kawartha CAD Ltd., Boreal 2024-1
- Morningstar DBRS Upgrades and Confirms Provisional Credit Ratings on the Secured Notes of Element Notes Issuer LLC
- Morningstar DBRS Upgrades and Confirms Provisional Credit Ratings on the Secured Notes of Chestnut Notes Issuer LLC
- DBRS Morningstar Confirms Credit Ratings on the Collateralized Fund Obligation Notes Issued by MCA Fund III Holding LLC
- Morningstar DBRS Confirms Credit Rating on the Class A-1 L-R Loans Issued by BlackRock Shasta Senior Loan Fund VII, LLC
- Morningstar DBRS Assigns Provisional Credit Rating to the Class E Notes to be Issued by Kawartha CAD Ltd., Boreal 2024-1
- Morningstar DBRS Finalizes its Provisional Credit Rating on the Class E Notes Issued by Kawartha CAD Ltd., Boreal 2024-1
- Morningstar DBRS Finalizes Credit Ratings on the Revolving Advances and Term Advances Issued by Cerberus Income Levered LP
- Morningstar DBRS Discontinues and Withdraws Provisional Credit Ratings on the Tranche Amounts of Kawartha CAD Ltd., Boreal 2021-1
- DBRS Morningstar Assigns Provisional Credit Ratings to the Revolving Advances and Term Advances Issued by Cerberus Income Levered LP
- Morningstar DBRS Confirms Its Credit Ratings on the Revolving Advances and Term Advances Issued by Cerberus Redwood Levered A II LLC
- DBRS Morningstar Upgrades and Confirms Credit Ratings on TAGUS - Sociedade de Titularização de Créditos, S.A. (Ulisses Finance No.2)
- DBRS Morningstar Confirms Credit Ratings on the Loans of ABPCI Pacific Funding LP, Removes Under Review with Developing Implications Status
- DBRS Morningstar Upgrades and Confirms Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Muskoka 2022-1
- DBRS Morningstar Confirms Credit Rating on the Class A Notes Issued by CBAM 2018-5, Ltd., Removes From Under Review With Developing Implications
- DBRS Morningstar Confirms Credit Ratings on the Funded Class B-1 Loans, Funded Class B-2 Loans, and Funded Class C Loans of NPC Funding IX, Ltd.
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From the Loans of Cerberus Redwood Levered B LLC
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status from Class A-1 Notes Issued by Ares XLVI CLO Ltd.
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status from Class A-1 Notes Issued by Ares XXXIR CLO Ltd.
- Morningstar DBRS Confirms Provisional Credit Ratings, Removes Under Review With Developing Implications Status on Loans Issued by Whitney Funding, LLC
- DBRS Morningstar Confirms Credit Rating, Removes Under Review with Developing Implications Status on the Class A Notes Issued by Signal Peak CLO 6, Ltd.
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From Class A Loans Issued by BTC Holdings Fund II LLC
- Morningstar DBRS Confirms its Credit Ratings, Removes Under Review with Developing Implications Status on the Advances Issued by TPR Funding 2022-1, LLC
- DBRS Morningstar Upgrades Credit Rating, Removes Under Review with Developing Implications Status From Class A-T Loans Issued by BTC Holdings Fund I, LLC
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Tidal Notes Issuer LLC
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Gemini Notes Issuer LLC
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Jordan Notes Issuer LLC
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Ripple Notes Issuer LLC
- Morningstar DBRS Confirms Credit Ratings and Removes Under Review With Developing Implications Status on Tranche Amounts of Kawartha CAD Ltd., Boreal 2022-1
- Morningstar DBRS Confirms Credit Ratings and Removes Under Review With Developing Implications Status on Tranche Amounts of Kawartha CAD Ltd., Boreal 2022-2
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Element Notes Issuer LLC
- DBRS Morningstar Confirms Provisional Credit Ratings, Removes Under Review with Developing Implications Status, from the Advances of Chestnut Notes Issuer LLC
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From Class A Loans Issued by BTC Offshore Holdings Fund II-B LLC
- Morningstar DBRS Removes the Under Review With Developing Implications Status, Upgrades and Confirms Credit Ratings on the Secured Notes Issued by VCP CLO II, Ltd.
- Morningstar DBRS Confirms Credit Rating on Class A-T Loans and Discontinues Credit Ratings on the Class A-T-1 and Class A-R Loans Issued by BTC Holdings Fund II LLC
- DBRS Morningstar Confirms Credit Rating, Removes Under Review with Developing Implications Status From the Notes Representing the Advances to Cerberus ND Levered LLC
- DBRS Morningstar Publishes Updated Operational Risk Assessment for Collateralized Loan Obligations (CLOs) and Corporate Collateralized Debt Obligations (CDOs)
- Morningstar DBRS Confirms Credit Rating and Removes Under Review With Developing Implications on the Class A-R Notes Issued by TIAA Churchill Middle Market CLO I Ltd.
- DBRS Morningstar Places Credit Ratings on 46 Collateralized Loan Obligations Under Review with Developing Implications Following Release of the Updated CLO Methodology
- Morningstar DBRS Upgrades Credit Ratings and Removes the Under Review With Developing Implications Status on Notes Representing Advances to Cerberus SWC Levered II LLC
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status, on the Class A-R Loans and Class A-T Loans of ABPCIC Funding IV, LLC
- Morningstar DBRS Removes the Under Review with Developing Implications and Upgrades Ratings on the Term Loan and the Subordinated Loan of CBAM CLO Management LLC 2017-1
- Morningstar DBRS Removes the Under Review with Developing Implications and Upgrades Ratings on the Term Loan and the Subordinated Loan of CBAM CLO Management LLC 2017-4
- Morningstar DBRS Confirms Credit Ratings and Removes the Under Review With Developing Implications Status on the Secured Notes Issued by Portman Ridge Funding 2018-2 Ltd
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From the Class A-R Loans and Class A-T Loans of Cerberus PSERS Levered LLC
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From the Revolving Advances and Term Loan Issued by Cerberus RR Levered LLC
- DBRS Morningstar Confirms BBB (sf) Credit Rating, Removes Under Review with Developing Implications Status From the Class A Variable Funding Notes of Parliament Funding III LLC
- Morningstar DBRS Removes the UR-Dev. Status, Confirms, and Upgrades Credit Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-1
- Morningstar DBRS Removes the Under Review with Developing Implications Status and Confirms Provisional Ratings to Certain Tranche Amounts of Manitoulin USD Ltd., Algonquin 2023-1
- DBRS Morningstar Confirms Credit Ratings on the Secured Notes Issued by BlackRock DLF X CLO 2022-1, LLC, Removes Under Review with Developing Implications Status of the Credit Ratings
- DBRS Morningstar Confirms Credit Ratings on the Secured Notes Issued by BlackRock DLF IX 2019-G CLO, LLC, Removes Under Review with Developing Implications Status of the Credit Ratings
- DBRS Morningstar Confirms Credit Ratings on the Secured Notes Issued by BlackRock DLF IX 2020-1 CLO, LLC, Removes Under Review with Developing Implications Status of the Credit Ratings
- DBRS Morningstar Confirms Its Credit Ratings and Removes Under Review with Developing Implications on the Revolving Advances and Term Advances Issued by Cerberus Redwood Levered A II LLC
- Morningstar DBRS Confirms Ratings and Removes Under Review with Developing Implications Status on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Muskoka 2022-1
- Morningstar DBRS Confirms and Upgrades Provisional Credit Ratings and Removes Under Review With Developing Implications Status on Certain Tranche Amounts of Kawartha CAD Ltd., Boreal 2021-1
- DBRS Morningstar Confirms Credit Ratings on the Class A Notes, the Class B Notes, and the Class C Notes of Cornhusker Funding 1A LLC; Removes Under Review with Developing Implications Status
- DBRS Morningstar Confirms Credit Ratings on the Class A Notes, the Class B Notes, and the Class C Notes of Cornhusker Funding 1B LLC; Removes Under Review with Developing Implications Status
- DBRS Morningstar Confirms Credit Ratings, Removes Under Review with Developing Implications Status From the Class A-R Loans, Class A-T Loans, and Class T-2 Loans of Cerberus 2112 Levered LLC
- Morningstar DBRS Confirms Credit Ratings and Removes the Under Review With Developing Implications Status on the Class A-1 Notes and the Class A Loans Issued by Cerberus Loan Funding XXIV L.P.
- Morningstar DBRS Removes the Under Review with Developing Implications Status and Confirms Ratings on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-3
- Morningstar DBRS Removes the Under Review with Developing Implications Status, Confirms, and Upgrades Credit Ratings on Certain Notes and Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-2
- DBRS Morningstar Confirms Credit Rating on the Class A-1 L Loans Issued by BlackRock Shasta Senior Loan Fund VII, LLC, Removes Under Review with Developing Implications Status of the Credit Rating
- Morningstar DBRS Confirms, Upgrades Ratings and Removes Under Review with Developing Implications Status on Certain Guarantee Linked Notes and Tranche Amounts of Manitoulin USD Ltd., Muskoka 2019-1
- Morningstar DBRS Removes the Under Review with Developing Implications Status and Confirms and Upgrades Provisional Credit Ratings on Certain Tranche Amounts of Manitoulin USD Ltd., Algonquin 2022-4
Contacts
Kathleen Tillwitz
Managing Director - US Structured Finance Ratings, Operational Risk
+(1) 212 806 3265
kathleen.tillwitz@morningstar.com- Claire Mezzanotte
Group Managing Director, Global Head of Structured Finance Ratings - Credit Ratings Leadership
+(1) 212 806 3272
claire.mezzanotte@morningstar.com
More from Morningstar DBRS
Related Events
- 10January2025
- 10January2025
- 17January2025Swiss ConfederationSovereign Rating Announcement