NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed five classes of notes issued by Ares XXXI CLO Ltd. (Ares XXXI). A complete list of rating actions follows at the end of this release. KEY RATING DRIVERS The affirmations are based on the stable performance of the underlying portfolio, the sufficient credit enhancement available to the notes, and the cushions available in the CLO's cash flow modeling results. As of the June 2015 trustee report, the transaction continues to pass all coverage t
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