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Metrics Credit Partners

  •   8 April 2021
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Two Metrics Credit Partners loan funds secure ‘A’ band S&P ratings

8 April, 2021 – After a volatile year for financial markets that has raised concerns about credit quality, two of Metrics’ loan funds have secured ratings in the coveted A band.

S&P Global Ratings announced it has assigned an A- rating to the MCP Real Estate Debt Fund (REDF), with stable outlook.

The ratings agency also assigned an A-2 short term credit rating to REDF, noting the fund has low leverage, significant permanent capital, and fund terms that support liquidity.

S&P also affirmed its A- long term and A-2 short term credit ratings on Metrics Credit Partners Diversified Australian Senior Loan Fund (DASLF), with stable outlook, citing the fund’s “very strong risk-adjusted leverage and low underlying credit risk profile relative to peers.”

DASLF invests in a diversified portfolio of corporate loans, including loans to public and private companies, commercial real estate; project and infrastructure; and leveraged and acquisition finance. As of Dec. 31, 2020, the fund had about $3.3 billion in assets under management (AUM), with exposures diversified by industry, tenor and credit quality.

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