Fitch Ratings expects to assign the following ratings to Slater Mill
Loan Fund, LP.:
--$1,300,000 class X notes 'AAAsf'; Outlook Stable;
--$190,000,000 class A notes 'AAAsf'; Outlook Stable.
The expected ratings are based on information provided to Fitch as of
June 11, 2012.
The presale report is available to investors on Fitch's website at 'www.fitchratings.com'.
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The ratings above were solicited by, or on behalf of, the issuer, and
therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria & Related Research:
--'Global Structured Finance Rating Criteria' (June 6, 2012);
--'Global Rating Criteria for Corporate CDOs' (Aug. 10, 2011);
--'Global Criteria for Cash Flow Analysis in CDOs' (Sept. 15, 2011);
--'Criteria for Interest Rate Stresses in Structured Finance
Transactions' (March 20, 2012);
--'Counterparty Criteria for Structured Finance Transactions' (May 30,
Applicable Criteria and Related Research: Slater Mill Loan Fund, LP
Global Structured Finance Rating Criteria
Global Rating Criteria for Corporate CDOs
Global Criteria for Cash Flow Analysis in CDOs
Criteria for Interest Rate Stresses in Structured Finance Transactions
Counterparty Criteria for Structured Finance Transactions
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