KBRA Assigns Preliminary Ratings to RFS Asset Securitization LLC, Series 2018-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by RFS Asset Securitization LLC, Series 2018-1 (“RFS 2018-1”). This transaction is RFS’s (the “Company” or the “Issuer”) first securitization. The proceeds of the sale of the Series 2018-1 Notes will be used to purchase receivables, fund the reserve account and pay related fees and expenses. The Notes are “expandable” term notes such that at any time during the r