OREANDA-NEWS. S&P Global Ratings today discontinued its ratings on 61 classes from 16 cash flow (CF) collateralized loan obligation (CLO) transactions and one class from one CF collateralized debt obligation (CDO) transaction.

Today's discontinuances follow the complete paydowns of the notes as reflected in the most recent trustee-issued note payment reports for each transaction:

Apidos Cinco CDO (CF CLO): senior-most tranches paid down; other rated tranches still outstanding. Ares XXI CLO Ltd. (CF CLO): optional redemption in August 2016.Ashford CDO II Ltd. (CF CDO): senior-most tranche paid down; other rated tranches still outstanding. Babson CLO Ltd. 2007-I (CF CLO): optional redemption in August 2016.Four Corners CLO III Ltd. (CF CLO): optional redemption in July 2016. Galaxy XI CLO Ltd. (CF CLO): optional redemption in August 2016.Halcyon Loan Investors CLO I Ltd. (CF CLO): optional redemption in August 2016.Hewett's Island CLO I-R Ltd. (CF CLO): all rated tranches paid down. Jasper CLO Ltd. (CF CLO): senior-most tranche paid down; other rated tranches still outstanding. KKR Financial CLO 2007-1 Ltd. (CF CLO): optional redemption in August 2016.Liberty CLO Ltd. (CF CLO): senior-most tranche paid down; other rated tranches still outstanding. Nob Hill CLO Ltd. (CF CLO): optional redemption in August 2016.NYLIM Flatiron CLO 2006-1 Ltd. (CF CLO): optional redemption in August 2016.Red River CLO Ltd. (CF CLO): senior-most tranches paid down; other rated tranches still outstanding. Shackleton I CLO Ltd. (CF CLO): class A-X notes(i) paid down; other rated tranches still outstanding. Telos CLO 2007-2 Ltd. (CF CLO): senior-most tranche paid down; other rated tranches still outstanding. WG Horizons CLO I (CF CLO): optional redemption in August 2016.(i)An "X note" within a CLO is generally a note with a principal balance intended to be repaid early in the CLO's life using interest proceeds from the CLO's waterfall.