A.M. Best Affirms Credit Ratings of Continental Reinsurance Plc

LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Continental Reinsurance Plc (Continental Re) (Nigeria), the operating holding company of... Read more »

KBRA Assigns Preliminary Ratings to GSMS 2017-GS8

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 17 classes of GSMS 2017-GS8 (see ratings list below), a $1.0 billion CMBS conduit transaction... Read more »

KBRA Assigns Preliminary Ratings to Caesars Palace Las Vegas Trust 2017-VICI

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of Caesars Palace Las Vegas Trust 2017-VICI, a $1.6 billion CMBS single-asset, single-borrower... Read more »

KBRA Assigns Preliminary Ratings to NP SPE II LLC, Series 2017-1 Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to three note classes of NP SPE II LLC, a railcar leasing securitization. This transaction represents the second issuance of notes... Read more »

KBRA Assigns BBB Rating and Positive Outlook on the Board of Education of the City of Chicago’s Unlimited Tax G.O. Bonds (Dedicated Revenues), Series 2017C, 2017D, 2017E, 2017F and Series 2017H

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a BBB rating and Positive Outlook on the Board of Education of the City of Chicago’s (the “Board”) Unlimited Tax General Obligation Bonds... Read more »

KBRA Comments on Proposed Tax Bill: Flawed Estimates Provide Misleading Support for the Elimination of Tax Exemption for Not-for-Profits

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has released a public finance research report entitled “Flawed Estimates Provide Misleading Support for the Elimination of Tax Exemption for Not-for-Profits”. The proposed bill intends... Read more »

KBRA Assigns Senior Unsecured Debt Rating of A- for MB Financial, Inc.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a senior unsecured debt rating of A-, subordinated debt rating of BBB+, preferred stock rating of BBB and a short-term debt rating of... Read more »

KBRA Assigns Ratings to United Insurance Holdings Corp. and its Key Operating Subsidiaries

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned insurance financial strength ratings (IFSR) of A- with a Stable outlook to the key operating subsidiaries of United Insurance Holdings Corp. (NASDAQ: UIHC)... Read more »

KBRA Assigns Preliminary Ratings to Aqua Finance Trust 2017-A

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Aqua Finance Trust 2017-A (“Aqua 2017-A”), a consumer loan asset-backed securities transaction. This transaction represents the first public... Read more »

KBRA Releases Third Quarter 2017 Bank Compendium

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) released a Compendium analyzing the third quarter results of the U.S. public banking institutions with KBRA long-term ratings. This issue of KBRA’s Bank Compendium also... Read more »