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Audio-Technica Canada appoints Kenji Yamabe as General Manager - Audio Media International


Audio-Technica Canada appoints Kenji Yamabe as General Manager
19th May 2021
Audio-Technica Canada (ATCA) has appointed Kenji Yamabe as its new General Manager. 
Yamabe joins from Audio-Technica Europe, where he was Business Development Liaison Manager, taking over from acting GM Susanne Seidel.
The appointment coincides with ATCA’s move to new, state-of the-art office facilities.
Yamabe has worked at Audio-Technica for eight years and has a total of 15 years’ within businesses that operate on a global scale. 
Having contributed to significant growth in every position he has held at the company, Yamabe has a track record of building strong working relationships between Audio-Technica’s Japanese headquarters and their subsidiaries. ....

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KBRA UK Releases Research – Loss Mitigation Obligations: CLO Workout and Flex


Press release content from Business Wire. The AP news staff was not involved in its creation.
KBRA UK Releases Research – Loss Mitigation Obligations: CLO Workout and Flex
April 28, 2021 GMT
LONDON (BUSINESS WIRE) Apr 28, 2021
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 in order to preserve and/or enhance the recovery value of their positions. ....

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Kroll Bond Rating Agency UK Limited: KBRA UK Releases Research - Loss Mitigation Obligations: CLO Workout and Flex


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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 in order to preserve and/or enhance the recovery value of their positions.
In this report, KBRA highlights some of the key issues around LMOs, including credit and management considerations. ....

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