A.M. Best Affirms Debt Ratings of I-Preferred Term Securities II, Ltd. and I-Preferred Term Securities II, Inc.
Now - BusinessWire via Dow Jones News
OLDWICK, N.J.--(BUSINESS WIRE)--August 27, 2014-- A.M. Best has affirmed the debt ratings on seven tranches on a multi-tranche collateralized debt obligation (CDO) co-issued by two bankruptcy remote special purpose vehicles: I-Preferred Term Securities II, Ltd. (Cayman Islands) and I-Preferred Term Securities II, Inc. (Delaware) (collectively known as I-Preferred Term Securities II and issuers). The outlook for all ratings is stable. (See below for a detailed listing of the affirmed debt r...