Fitch Rates Apidos CLO XX/LLC Refinancing Notes

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘AAAsf’ rating to the class A-1-R notes issued by Apidos CLO XX/LLC (Apidos XX). The Rating Outlook is Stable. TRANSACTION SUMMARY Apidos CLO XX/LLC issued class A-1-R, A-2-R and B-R notes (collectively, the refinancing notes) and applied the net issuance proceeds thereof to redeem the class A-1, A-2 and B notes at par (plus accrued interest) on the refinancing date of Dec. 9, 2016. Fitch originally rated only the class A-1 notes. KEY RATI