KBRA Upgrades State of Wisconsin’s Outstanding GO Bonds and Master Lease COPs and Assigns AA+/Stable to the State’s GO Refunding Bonds of 2017, Series 2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a AA+ long-term rating and Stable Outlook to the State of Wisconsin’s General Obligation Refunding Bonds of 2017, Series 2 (the “Bonds”). Concurrently,... Read more »

KBRA Comments on Hercules Capital’s $150 Million Senior Unsecured Notes Due 2022

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) currently maintains issuer and senior unsecured debt ratings of BBB+ with a stable outlook for Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or “the Company”). HTGC... Read more »

KBRA Assigns Preliminary Ratings to Avant Loans Funding Trust 2017-B

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Avant Loans Funding Trust 2017-B (“AVNT 2017-B”). This is a $232.648 million consumer loan ABS... Read more »

KBRA Assigned Long-Term Rating of AA+/Stable on the MTA Transportation Revenue Bonds, Subseries 2014D-2 (SIFMA Floating Rate Tender Notes)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook on the Metropolitan Transportation Authority’s (MTA) Transportation Revenue Bonds, Subseries 2014D-2 (SIFMA Floating Rate Tender... Read more »

KBRA Assigns Preliminary Ratings to Chesapeake Funding II LLC, Series 2017-4 Notes

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes (“the Notes”) anticipated to be issued by Chesapeake Funding II LLC (see preliminary ratings listed below). This... Read more »

KBRA Comments on Conifer Holdings, Inc.’s Recent Stabilization Actions and Estimated Impact of Hurricanes Harvey and Irma

NEW YORK--(BUSINESS WIRE)--In light of the adverse loss development in non-core lines of business continuing through Q3 and the recent storm activity – Hurricane Harvey in Texas and Hurricane Irma in Florida... Read more »

A.M. Best Places Credit Ratings of The Warranty Group, Inc.’s Insurance Subsidiaries Under Review with Various Implications

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with positive implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Virginia Surety... Read more »

KBRA Releases 2017 Update on the Regional Aircraft Market

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) expects sustained strength in the overall regional aircraft market, supported by the strong demand in the emerging economies of Asia-Pacific (especially China and India), Latin... Read more »

KBRA Assigns Preliminary Ratings to FREMF 2017-K68 and Freddie Mac Structured Pass-Through Certificates K-068

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of FREMF Series 2017-K68 mortgage pass-through certificates and five classes of Freddie Mac... Read more »

KBRA Assigns Preliminary Ratings to Renew 2017-2, Renew Financial A Notes, Series 2017-2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a preliminary rating of AA (sf) to Renew 2017-2, Renew Financial A Notes, Series 2017-2 (Renew 2017-2). The notes are newly issued asset-backed securities... Read more »