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The assignment of final ratings is contingent on the receipt of final documents conforming to information already received. View additional rating details. Note proceeds will be used to fund a portfolio with a target par of EUR million. The collateralised loan obligation CLO will have a 3. Fitch views the recovery prospects for these assets as more favourable than for second-lien, unsecured and mezzanine assets. These covenants ensure the asset portfolio will not be exposed to excessive concentration. Portfolio Management: The transaction has a 3. Fitch analysis is based on a stressed-case portfolio with the aim of testing the robustness of the transaction structure against its covenants and portfolio guidelines. Cash Flow Analysis: Fitch used a customised proprietary cash flow model to replicate the principal and interest waterfalls and the various structural features of the transaction, and to assess their effectiveness, including the structural protection provided by excess spread diverted through the par value and interest coverage tests.


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Before The Courts. Parents, students and schools preparing for return to class under ‘near normal’ circumstances. Thousands of Red Deer parents, children, teachers and school staff are continuing to iron out details on how back-to-school is going to run next week. Despite the province announcing in late July that students would return to school under ‘near normal’ conditions with additional health measures in place, many still hav Red Deer emergency crews battle structure fire downtown.

A building in downtown Red Deer will be demolished tonight after fire ripped through it Monday afternoon. Red Deer Emergency Services were called around 3 p. Deputy Chief Tyler Pelke says their were 22 units between the building’s two floors and basement. Pandemic widens gap between perceived, measured inflation, Schembri says. The survey comes as governments around the world are rushing to develop a vaccine for the illness that has infected more than Indigenous Services Minister Marc Miller says access to many mental health services for Indigenous communities have been disrupte Trudeau considered best to manage pandemic, revive economy, survey suggests.

Respondents to the online survey, conducted by Leger and

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Sign up now for local breaking news alerts Subscribe. After more than 15 years of representing Saskatchewan, Senator Lillian Dyck announced she is retiring. London police are searching for a suspect wanted in connection to an armed robbery last week. The climate of racial reckoning that has emerged in the United States since George Floyd’s death has reinvigorated Native Americans, Asian Americans, Latinos and other people of colour to fight back against the racism and discrimination they also have experienced for decades.

Montreal public health authorities announced Tuesday that 29, people have tested positive for COVID on the island and 3, people have died due to the disease. WATCH: The heat will continue this afternoon but scattered showers are expected through the province. Warren Dean has your midday forecast. Air Date: August 25,

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LEIPZIG — Around 1, volunteers equipped with face masks, hand disinfectant and tracking gadgets attended an indoor concert in Germany on Saturday as part of a study to simulate how the novel coronavirus spreads in large gatherings. As part of the so-called Restart19 study, researchers from the University Medical Center in Halle want to find out how cultural and sporting events can safely take place without posing a risk to the population.

Researchers asked participants to regularly disinfect their hands using the fluorescent sanitiser so scientists can identify — with the help of ultra-violet light — which surfaces are touched frequently and pose a risk for spreading the virus. Read more. Just how great a risk or not COVID is in classrooms has an entire nation slightly unnerved, so mathematician Chris Bauch and his collaborators decided to plug some scenarios into a model. Their projections? Class sizes of the magnitude many provinces are allowing could lead to outbreaks lasting weeks or even months.

A security guard in Quebec died Thursday after allegedly being hit by the car of a Walmart customer who was enraged by COVID safety measurements at the store. Philippe Jean, 35, had been in a critical condition after the impact, and was in an induced coma for almost four months until he passed away, his brother, Guillaume Jean, confirmed to Radio Canada. The year-old suspect in the case, Nacime Kouddar, has been charged with hit and run, armed assault and assault by a vehicle causing bodily harm.

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