Fitch Publishes Presale Report for Apidos CLO XX

Fitch Ratings has published a presale report for Apidos CLO XX.

The presale report is available at 'www.fitchratings.com' or by clicking on the link above.

Additional information is available at 'www.fitchratings.com'.

The sources of information used to assess these ratings were the transaction documents provided by the arranger, Credit Suisse Securities (USA) LLC, and the public domain.

Applicable Criteria and Related Research:

-- 'Global Structured Finance Rating Criteria' (Aug. 4, 2014);

-- 'Global Rating Criteria for Corporate CDOs' (July 25, 2014);

-- 'Criteria for Interest Rate Stresses in Structured Finance Transactions and Covered Bonds' (Dec. 19, 2014);

-- 'Counterparty Criteria for Structured Finance and Covered Bonds' (May 14, 2014).

Applicable Criteria and Related Research: Apidos CLO XX
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=857148

Apidos CLO XX/LLC -- Appendix
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=855388

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