NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) commented on ECN Capital Corporation’s (TSX: ECN) announcement of definitive agreements to sell $1.49 billion,1 or approximately 65%, of its railcar assets to affiliates of ITE Management L.P. (ITE) and Napier Park Global Capital (Napier Park). The ITE portion of the transaction closed on August 4, 2017 and ECN expects to close the Napier Park transaction during the third quarter of this year. KBRA views these transactions as credit neu
