KBRA Withdraws Ratings for Shawnee 2022-1 LLC
17 Apr 2025 | New York
KBRA withdraws the ratings on the Class A, Class B, Class C, Class D, and Class E Notes issued by Shawnee 2022-1 LLC, a cash flow collateralized loan obligation that closed in April, 2022. The rating withdrawal follows the full redemption of the notes on April 16, 2025. Since the transaction closed, the rated notes have received timely distribution of interest payments.
Shawnee 2022-1 is serviced by Panagram Structured Asset Management LLC (“Panagram” or the “servicer”) and is a static portfolio with no ability to reinvest. The collateral in Shawnee 2022-1 primarily consists of both middle market and broadly syndicated leveraged loans issued by corporate obligors diversified across sectors.
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