On 30 March 2020, GCR affirmed and withdrew the ratings assigned to the notes issued by Fox Street 3 (RF) Ltd following their acquisition by the Originator on exercise of the Originator Call Option on 20 February 2020. The ratings were withdrawn for business reason.
The Dashboard covers the period from February 2018 to February 2020 and is part of GCR’s performance monitoring process and does not constitute rating action or rating reports.
The Dashboard exhibits performance metrics related to the Fox Street 3 (RF) Ltd transaction, which include credit enhancement levels, excess spread, prepayments, defaults, recoveries and covenants. Click here for rating reports.