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Fitch Rates ALM XVI, Ltd./LLC

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following rating to ALM XVI, Ltd/LLC (ALM XVI): --$715,000,000 class A-1 senior secured floating rate notes 'AAAsf'; Outlook Stable. Fitch does not rate the class A-2, B, C-1, C-2, D, E, preferred shares or the delayed-draw notes corresponding to each class. TRANSACTION SUMMARY ALM XVI, Ltd. and ALM XVI, LLC (together, ALM XVI, or the issuer) comprise an arbitrage cash flow collateralized loan obligation (CLO) that will be managed by Apol

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