KBRA Assigns Preliminary Ratings to Conn’s Receivables Funding 2017-B

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Conn’s Receivables Funding Series (“CONN 2017-B”). The transaction represents the fifth securitization since 2015 collateralized by a pool of retail installment sales contracts and installment loans made to finance customer purchases of merchandise from one of Conn’s retail locations. This is a $572.22 million ABS transaction and will include approximately 699.25 million of