KBRA Assigns BBB Issuer Rating for South Street Securities, LLC

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns an issuer rating of BBB and short-term issuer rating of K2 for South Street Securities, LLC (“SSS” or “the Firm”), an SEC registered broker dealer headquartered in New York, NY, with a nearly exclusive focus on repo business. The Outlook for the long-term issuer rating is Stable. A wholly-owned subsidiary of South Street Securities Holdings, Inc., SSS is a repo-centric broker-dealer firm founded in 2001 by an experienced group o