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Kroll Bond Rating Agency UK Limited: KBRA Assigns Preliminary Ratings to RRE 1 Loan Management DAC


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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 balances. Proceeds from the issuance of the new CLO notes will be used to redeem the outstanding notes in full and to purchase new assets (€150 million upsize). The CLO will have a 4.0-year reinvestment period and a 14.0-year legal final. The ratings reflect initial credit enhancement levels, coverage tests including par value and interest coverage tests, excess spread, and a reinvest ....

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Table manners games and books for kids


14 toys and books to teach kids table manners and proper etiquette
Credit:
Getty / zoranm
Updated February 23, 2021
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Being locked down with our kids may have exposed some serious gaps in their manners. I can t be the only one who realized a few months into quarantine that my kid was seriously behind on proper table etiquette, among other manners deficits. You don’t realize how bad their table manners are when you are tossing them a toasted waffle in the morning and grabbing a Happy Meal on their way to after-school soccer practice. When you’re locked up with them 24/7, you start to realize that maybe there was a reason kids used to be sent to charm school. ....

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Dollar soars as S&P upgrades NZ credit rating on strong recovery

New Zealand has managed the pandemic better than its peers says S&P Global ratings. ....

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Monday's analyst upgrades and downgrades - The Globe and Mail

Monday's analyst upgrades and downgrades - The Globe and Mail
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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