Wednesday October 18, 2017 14:25

FINANCING Press Releases

Photo Release: SCB to finance ZTE project in Thailand Stcoks—18 Oct 17

Continuing its commitment to supporting Chinese business ventures in Thailand, Siam Commercial Bank (SCB) was recently selected as a strategic partner to provide financing support to ZTE(Thailand) Co., Ltd., a subsidiary of Chinese telecommunications and

Ratings Assigned To Seven Classes From Neuberger Berman CLO XV Ltd. In Connection With Refinancing Stcoks—17 Oct 17

CENTENNIAL--17 Oct--S&P Global Ratings

CENTENNIAL (S&P Global Ratings) Oct. 16, 2017--S&P Global Ratings today assigned its ratings to the class X-R, A-1-R, A-2-R, B-R, C-R, D-R, E-R, and F-R replacement notes from Neuberger Berman CLO XV Ltd., a collateralized loan obligation originally issued in 2013 that is managed by Neuberger Berman Investment Advisers LLC (see list). We withdrew our ratings on the original class A-1, A-2, B-1, B-2, C, D, E, and F notes following payment in full on the Oct. 16, 2017, refinancing date.

On the Oct. 16, 2017, refinancing date, the proceeds from the issuance of the replacement notes were used to redeem the original notes as outlined in the transaction document provisions.
Therefore, we withdrew our ratings on the original notes in line with their full redemption, and we are assigning ratings to the replacement notes.
Our review of this transaction included a cash flow analysis, based on the portfolio and transaction as presented to us in connection with this review, to estimate future performance.

In line with our criteria, our cash flow scenarios applied forward-looking assumptions on the expected timing and pattern of defaults, and recoveries upon default, under various interest rate and macroeconomic scenarios. In addition, our analysis considered the transact

Ratings Assigned To Six Classes From Cavalry CLO IV Ltd. In Connection With Stcoks—17 Oct 17

CENTENNIAL (S&P Global Ratings) Oct. 16, 2017--S&P Global Ratings today assigned its ratings to the class A-R, B-1-R, B-2-R, C-1-R, C-2-R, and D-R replacement notes from Cavalry CLO IV Ltd., a collateralized loan obligation (CLO) originally

Ratings Assigned To Five Classes From Cathedral Lake CLO 2013 Ltd. In Connection With Stcoks—17 Oct 17

CENTENNIAL (S&P Global Ratings) Oct. 16, 2017--S&P Global Ratings today assigned its ratings to the class A-1RR, A-2-R, B-R, C-R, and D-R replacement notes from Cathedral Lake CLO 2013 Ltd./Cathedral Lake CLO 2013 Corp., a collateralized loan

Ratings Assigned To European Cash Flow CLO Transaction Jubilee CLO 2015-XV After Stcoks—12 Oct 17

LONDON (S&P Global Ratings) Oct. 12, 2017--S&P Global Ratings today assigned its credit ratings to the class A-R, B-R, C-R, and D-R notes from Jubilee CLO 2015-XV B.V., a collateralized loan obligation (CLO) managed by Alcentra Ltd. At the same

Blount International Inc. Rating Lowered To #B# On Proposed Dividend Recapi New Debt Outlook Stcoks—11 Oct 17

- Blount International Inc. is refinancing its capital structure, which will include a proposed $75 million revolving credit facility and $615 million term loan. - In addition to refinancing debt, the company plans to use the proceeds to pay a $120

Preliminary Rating Assigned To One Class From Great Lakes CLO 2014-1 Ltd. In Connection With Stcoks—10 Oct 17

CENTENNIAL (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings todayassigned its preliminary rating to the class A-R replacement notes from GreatLakes CLO 2014-1 Ltd., a collateralized loan obligation (CLO) originallyissued in 2014 that is

Lao PDR to Improve Health and Nutrition for Mothers and Children, with World Bank Stcoks—29 Sep 17

WASHINGTON, September 27, 2017 – The World Bank is strengthening support to a project that is expected to improve the health of more than one million people across 14 provinces in Lao PDR. US$15 million in additional financing, approved today by

World Bank Supports the Dominican Republic to Better Prepare for Hurricanes and other Natural Stcoks—29 Sep 17

First contingency line of credit in the Caribbean to secure access to US$150 million immediate financing in the aftermath of a disaster WASHINGTON, September 28, 2017— The World Bank Board of Executive Directors today approved a US$150 million loan

South Australian Government Financing Authority #AA/A-1+# Ratings Outlook Stcoks—28 Sep 17

MELBOURNE (S&P Global Ratings) Sept. 28, 2017--S&P Global Ratings today affirmed its 'AA/A-1+' ratings on the South Australian Government Financing Authority (SAFA). The outlook remains positive. OUTLOOK The positive outlook reflects that on the

Five Classes From MCF CLO IV LLC Assigned Preliminary Ratings In Connection With Proposed Stcoks—26 Sep 17

CENTENNIAL (S&P Global Ratings) Sept. 25, 2017--S&P Global Ratings today assigned its preliminary ratings to the class A-R, B-R, C-R, D-R, and E-R replacement notes from MCF CLO IV LLC, a collateralized loan obligation (CLO) originally issued in

Oregon Cities Financing Pool Credit Refunding Obligations Assigned Various Stcoks—26 Sep 17

SAN FRANCISCO (S&P Global Ratings) Sept. 25, 2017--S&P Global Ratings assigned its 'AA-' long-term rating to the series 2017A Oregon Cities Financing Pool full faith and credit refunding obligations, issued on behalf of the cities of Rogue River

Global Financing Facility in Support of Every Woman Every Child Launches Replenishment to Save Stcoks—21 Sep 17

Bill & Melinda Gates Foundation announces US$200 million pledge to the GFF to scale up life-saving services—the first of investors' expected contributions to GFF Trust Fund in the replenishment UNITED NATIONS, NEW YORK – The Global

Enlivex Therapeutics Announces Closing of USD 8 Million Series B Round Led by KOREA INVESTMENT Stcoks—20 Sep 17

Enlivex Therapeutics Ltd., a clinical stage immunotherapy company, announced today the closing of an $8 million equity financing round at a valuation of approximately $50 Million pre-closing. Korea Investment Partners (KIP) has invested USD 6 million in

Authentic Brands Group LLC New Financing Assigned #B# Corporate Credit Rating Outlook Stcoks—19 Sep 17

CHICAGO (S&P Global Ratings) Sept. 18, 2017--S&P Global Ratings today affirmedits 'B' corporate credit rating on Authentic Brands Group LLC (ABG). Theoutlook is stable. We also assigned a 'B' issue-level rating to the company's proposed

MDBs Increase 2016 Financing to Tackle Climate Challenge Stcoks—12 Sep 17

WASHINGTON, September 11, 2017 – The world's six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging

Photo Release: EXIM Thailand and ADB Hold Asian EXIM Banks Staff Training on Green Projects Stcoks—07 Sep 17

Mr. Pisit Serewiwattana (3rd right), President of Export-Import Bank of Thailand (EXIM Thailand), recently posed for a group photo with key speakers from Export-Import Banks in Asia on the topic of Green Financing in the 35th Asian EXIM Banks Forum

Intouch Holdings, through venture capital arm InVent, leads Series A round of end-to-end event General—05 Sep 17

Intouch Holdings Public Company Limited (SET: INTUCH), through venture capital arm InVent, leads a Series A financing round of Event Pop Holdings Pte. Ltd., Thailand's leading end-to-end event management platform under the brand "Event Pop". This is a

JPI Announces Close of Financing for Jefferson Pacific Beach Stcoks—01 Sep 17

JPI, a leader in the development of Class A multi-family communities, has announced the close of construction financing for Jefferson Pacific Beach, scheduled to break ground this month. Jefferson Pacific Beach is a $103.5 million development with

Lao PDR to Strengthen Resilience to Natural Disasters Stcoks—31 Aug 17

VIENTIANE, August 30, 2017 – The Ministry of Finance and the World Bank signed today an agreement for $30 million in financing for the Lao PDR Southeast Asia Disaster Risk Management Project, which will invest in urban flood risk management in

Project Signing: Bangladesh Receives $515 million World Bank Financing to Improve Health and Stcoks—29 Aug 17

DHAKA, August 28, 2017— The government of Bangladesh today signed a $515 million financing agreement with the World Bank to improve the country's health, nutrition, and population services. The Health Sector Support Project will contribute to the

CF PharmTech, Inc. Raises USD $65 Million to Accelerate the Development of Company#s Inhalation Heathcare—28 Aug 17

CF PharmTech, Inc. ("CF PharmTech"), a leading specialty pharmaceutical company that develops and manufactures inhalation products, announced today that it has raised $65M in a Series D financing. Future Industry Investment Fund, a private equity fund

Project Signing: World Bank Helps Bangladesh Ensure Reliable and Affordable Electricity Stcoks—25 Aug 17

Dhaka, August 24, 2017—The government of Bangladesh today signed a $59 million financing agreement with the World Bank to improve reliability and efficiency of the country's power system, with the aim to provide reliable and low cost electricity to

Photo Release: KBank provides financing to Yamaha Music Schools Stcoks—23 Aug 17

Recently, at Siam Music Yamaha Co., Ltd., Mr. Akaranant Thitasirivit, right, KBank First Senior Vice President, and Dr. Perawat Chookhiatti, left, Managing Director of Siam Music Yamaha Co., Ltd. held a press conference on the provision of K-SME

KBank supports the music business through financing for new Yamaha Music Schools and cost-reducing Stcoks—23 Aug 17

KBank is partnering with Siam Music Yamaha to provide loans supporting new Yamaha Music School franchises at up to 70 percent of investment value. Prior business experience is unnecessary and no collateral is required. KBank is also offering financing to

World Bank Statement on Alleged Financing for Iranian Railways Stcoks—23 Aug 17

WASHINGTON, August 22, 2017 – In response to recent media reports, the World Bank is not considering financing the electrification of Iranian railways. The media reports were based on incorrect information. The World Bank currently has no projects

Preliminary Ratings Assigned To Five Classes From KKR CLO 10 Ltd. In Connection With Proposed Stcoks—10 Aug 17

NEW YORK (S&P Global Ratings) Aug. 9, 2017--S&P Global Ratings today assignedits preliminary ratings to the class A-R, B-R, C-R, D-R, and E-R replacementnotes from KKR CLO 10 Ltd., a collateralized loan obligation (CLO) originallyissued in

Project Signing: World Bank Helps Bangladesh Improve Water and Sanitation Services in Stcoks—07 Aug 17

DHAKA, August 6, 2017 – The government of Bangladesh today signed an additional $47.50 million financing agreement with the World Bank to continue construction of new water infrastructure in Chittagong, and provide access to safe water to around

Kosovo and World Bank Sign Loan Agreements for Two Job-Creation Projects Stcoks—03 Aug 17

PRISTINA, August 2, 2017 — Today the Minister of Finance of the Republic of Kosovo, Avdullah Hoti, and the World Bank Country Manager for Kosovo, Marco Mantovanelli, signed financing agreements for the implementation of two new projects, worth

Georgia: World Bank Approved $50 Million in Financing of Second Programmatic Private Sector Stcoks—01 Aug 17

WASHINGTON, July 31, 2017— The World Bank's Board of Executive Directors approved on July 31st, 2017, $50 million in financing to Georgia for the Second Programmatic Private Sector Competitiveness Development Policy Operation. The aim of this