Page 14 - Temporary Registration News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kroll Bond Rating Agency UK Limited: KBRA Affirms the Ratings for Zinnia Finance DAC Kroll Bond Rating Agency UK Limited (KBRA) affirms the ratings for five classes of notes issued by Zinnia Finance DAC. Since the transaction closed, the rated notes have received timely distributions of interest payments. Zinnia Finance DAC is a CLO managed by Redding Ridge Asset Management (UK) LLC (RRAM UK or the collateral manager). The CLO has a remaining two-year reinvestment period. The ratings reflect current credit enhancement levels, excess spread, coverage tests including par value and interest cove...

(0) Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes to be issued by RRE 2 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans and bonds. RRE 2 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP ("RRAM UK" or the "collateral manager"). The CLO originally closed in June 2019. This transaction will reset the terms of the CLO, including the stated maturity, non-call period, reinvestment period, note interest rates and notional bal...

Press release content from Business Wire. The AP news staff was not involved in its creation. KBRA Assigns Preliminary Ratings to RRE 2 Loan Management DAC May 13, 2021 GMT LONDON--(BUSINESS WIRE)--May 13, 2021-- Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes to be issued by RRE 2 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans and bonds. RRE 2 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP (“RRAM UK” or the “co...

More from AP

Kroll Bond Rating Agency, LLC (KBRA): KBRA Assigns Preliminary Ratings to Primrose Residential 2021-1 DAC Kroll Bond Rating Agency Europe Limited (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Primrose Residential 2021-1 DAC. The transaction is a static RMBS securitisation backed by reperforming mortgage loans (RPL). The underlying collateral consists of a €869.8 million mixed portfolio of seasoned first lien performing and re-performing mortgages that are secured by majority owner occupied (OO) and buy-to-let (BTL) properties located in Ireland. The portfolio ...