Fitch Rates Magnetite XIV, Limited/LLC; Publishes New Issue Report

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following rating to Magnetite XIV, Limited/LLC: --$325,500,000 class A notes 'AAAsf'; Outlook Stable. Fitch does not expect to rate the class B, C, D, E, or F, subordinated notes or the funding notes corresponding to each class of secured notes. TRANSACTION SUMMARY Magnetite XIV, Limited (the issuer) and Magnetite XIV, LLC (the co-issuer) comprise an arbitrage cash flow collateralized loan obligation (CLO) that will be managed by BlackRoc

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