Accounts

KBRA assigns preliminary ratings to RRE 9 loan management DAC

LONDON–(COMMERCIAL THREAD) – Kroll Bond Rating Agency UK Limited (KBRA) assigns preliminary ratings to five classes of notes issued by RRE 9 Loan Management DAC, a cash flow secured loan obligation (CLO) backed primarily by a diversified portfolio of loans to companies denominated in euros and bonds. RRE 9 Loan …

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Tatarstan to abstain from new budget loans – RealnoeVremya.com

Tatarstan’s treasury has recovered from the shock of the coronavirus, having recouped losses of 40 billion rubles last year. The natural increase in tax revenue has been exceeded from 12 billion to 15 billion Tatarstan’s treasury has recovered from the shock of the coronavirus, no longer requiring federal support. “There …

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Maximum student loan values ​​increased

Chinese students in financial difficulty may apply for more interest-free loans as the government has increased loan limits for undergraduate and postgraduate students, according to a new notice. Undergraduates can apply for a maximum of 12,000 yuan ($ 1,860) in loans per person each year, according to the notice, which …

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Emergency loans available for farmers and ranchers in Solano

FAIRFIELD – Extreme drought conditions have led Solano County to be one of 50 counties in California included in a disaster secretariat designation from the United States Department of Agriculture. This designation provides emergency agricultural loans of up to $ 500,000 to farmers and ranchers who have suffered physical or …

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Construction boss penalized for COVID loan fraud

Law360, London (August 25, 2021, 2:15 p.m. BST) – A bankrupt construction boss has had his insolvency restrictions extended for 10 years after accepting a fraudulent loan from the UK COVID-19 program, a government agency has said. The Insolvency Department said on Tuesday it extended bankruptcy restrictions it placed on …

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