Kroll Bond Rating Agency Assigns Preliminary Ratings to Five Guys Funding, LLC – Series 2017-1 Senior Secured Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to two note classes of Five Guys Funding, LLC, a whole business securitization. Five Guys Enterprises, LLC (“Five Guys”, or “the Company”) will contribute most of its revenue-generating assets in the United States and Canada to Five Guys Funding, LLC as collateral for the offered notes. The collateral includes existing and future domestic franchise agreements, existing and future company-operated restau