ZAIS CLO 8 Ltd./ZAIS CLO 8 LLC $414 Million Notes Assigned Preliminary Ratings

Stocks and Financial Services Press Releases Wednesday February 14, 2018 09:37
NEW YORK--14 Feb--S&P Global Ratings
NEW YORK (S&P Global Ratings) Feb. 13, 2018--S&P Global Ratings today assigned its preliminary ratings to ZAIS CLO 8 Ltd.'s $414 million floating-rate notes (see list).
The note issuance is a CLO transaction backed by primarily broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests.
The preliminary ratings are based on information as of Feb. 13, 2018. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings.
The preliminary ratings reflect: