KBRA Comments on the Potential Impact on our Aviation Ratings from the Aftermath of the Tragic Lion Air Crash

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) continues to closely follow new leads emerging as to the exact cause of the 737 Max Lion Air crash to potentially update our aircraft value stress assumptions if necessary. KBRA routinely monitors the liquidity of aircraft types in our rated aviation transactions. Whether they are EETCs, Aircraft ABS, or secured aircraft transactions backed by leases to airlines, aircraft grades are one of the key inputs into our calculation of recovery