Fitch Publishes CLO Indenture Abstract for Magnetite VI, Limited/Corp.

NEW YORK--()--Fitch Ratings has published the CLO Indenture Abstract for Magnetite VI, Limited/Corp. (Magnetite VI).

Fitch's CLO Indenture Abstract describes important features of a CLO indenture and provides commentary on how these features work and comparisons with other recently issued CLOs. The report includes Fitch's commentary related to:

--Collateral quality tests;

--Concentration limitations;

--Coverage tests;

--Priority of payments;

--Conditions to reinvestment;

--Events of default;

--Manager replacement provisions;

--Call provisions;

--Indenture amendments; and

--Reporting requirements.

The Fitch CLO Indenture Abstract for Magnetite VI is available at 'www.fitchratings.com' or by clicking on the link above.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--'Magnetite VI, Limited/Corp. New Issue Report' (Sept. 26, 2012);

--'Magnetite VI, Limited/Corp. -- Appendix' (Sept. 26, 2012).

Applicable Criteria and Related Research: Magnetite VI, Limited/Corp. -- CLO Indenture Abstract

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=718982

Magnetite VI, Limited/Corp.

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=689369

Magnetite VI, Limited/Corp. -- Appendix

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=689371

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Contacts

Fitch Ratings
Primary Analyst
Christine Choo, Director, +1-212-908-0603
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Robert Rhein, Director, +1-312-606-2314
or
Media Relations
Sandro Scenga, +1-212-908-0278
New York
sandro.scenga@fitchratings.com

Contacts

Fitch Ratings
Primary Analyst
Christine Choo, Director, +1-212-908-0603
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Robert Rhein, Director, +1-312-606-2314
or
Media Relations
Sandro Scenga, +1-212-908-0278
New York
sandro.scenga@fitchratings.com