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Fitch rates Oaktree unit, loan A-
Fitch Ratings said it assigned A- ratings to Oaktree Capital Management (Cayman), LP and its $650 million senior unsecured floating-rate revolver due Dec. 15, 2027.
“OCM Cayman's ratings are equalized with the ratings of Oaktree Capital Group, LLC and other rated Oaktree Operating Group entities (collectively, Oaktree), which include Oaktree Capital I, LP, Oaktree Capital II, LP, Oaktree AIF Investments, LP and Oaktree Capital Management, LP. OCM Cayman represents Oaktree's non-U.S. fee business,” Fitch said in a statement.
The outlook is stable.
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