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Confirmed case of measles in Milwaukee prompts officials to encourage vaccination. Although the vaccination status is unknown, Dr. Totoraitis is encouraging people to get vaccinated.
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(0) Kroll Bond Rating Agency UK Limited (KBRA) releases research on the widespread adoption of provisions relating to workout or loss mitigation obligations (LMOs) in the vast majority of newly issued-and even refinanced-U.S. and European broadly syndicated loan CLO (BSL CLO) offering documents, as market participants grapple with the prospect of further economic fallout from the COVID-19 pandemic. As CLO collateral managers continue to anticipate stress on corporate obligors within their portfolios, LMO provisions allow them the latitude necessary to participate in workouts or restructurings...
(1) Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes to be issued by RRE 1 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans and bonds. RRE 1 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP ("RRAM UK" or the "collateral manager"). The CLO originally closed in April 2019. This transaction will reset the terms of the CLO, including the stated maturity, non-call period, reinvestment period, note interest rates and notional ba...
Kroll Bond Rating Agency UK Limited: KBRA Assigns Preliminary Ratings to RRE 6 Loan Management DAC Structured Credit Global Rating Methodology Coronavirus (COVID-19): U.S. BSL CLO Sector Exposure Map: November 2020 Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above. A description of all subst...