Press Release|Funds

KBRA Releases Surveillance Report for BNP Paribas’ Participation in an Uncommitted, Secured Revolving Credit Facility to CVC Capital Partners VIII

24 Nov 2023   |   London


On 14 September 2023, KBRA UK (KBRA) affirmed the AA- rating assigned to BNP Paribas' ("BNPP" or the “Lender”) participation in an uncommitted, secured revolving credit facility (the “Facility”) to CVC Capital Partners VIII (“CVC VIII”or the “Fund”). CVC VIII is a fund managed by CVC Capital Partners (“CVC” or the “Manager”). The Outlook for the rating is Stable.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1002670

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