KBRA Assigns Preliminary Ratings to Hercules Capital Funding Trust 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to one class of notes issued by Hercules Capital Funding Trust 2018-1. Hercules Capital Funding Trust 2018-1 (the “Issuer” or “Hercules 2018-1”)... Read more »

A.M. Best Affirms Issue Credit Rating of Northwind Holdings, LLC

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” on $800 million Floating Rate Insured Notes due 2037 (notes) issued by Northwind Holdings, LLC (Northwind Holdings),... Read more »

KBRA Assigns Preliminary Ratings to Galton Funding Mortgage Trust 2018-2 (GFMT 2018-2)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 50 classes of mortgage pass-through certificates from Galton Funding Mortgage Trust 2018-2 (GFMT 2018-2). Galton Funding Mortgage Trust 2018-2 is issued... Read more »

KBRA Assigns Preliminary Ratings to VMC 2018-FL2

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of VMC 2018-FL2, a $462.3 million commercial real estate collateralized loan obligation (CRE... Read more »

KBRA Assigns Issuer Rating of BBB+ and Senior Unsecured Debt Rating of BBB to Dubai Aerospace Enterprise Ltd.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns issuer and senior unsecured debt ratings of BBB+ and BBB, respectively to Dubai Aerospace Enterprise Ltd. (“DAE” or “the Company”), an aerospace and aircraft... Read more »

KBRA Assigns BBB Senior Unsecured Debt Rating to PeoplesBancorp, MHC

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to PeoplesBancorp, MHC (“Peoples” or “the... Read more »

KBRA Assigns Preliminary Ratings to FOCUS Brands Funding LLC – Series 2018-1 Senior Secured Notes and Places the Series 2017-1 Senior Secured Notes on Watch Downgrade

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to one class of notes of FOCUS Brands Funding LLC, Carvel Funding LLC, McAlister’s Funding LLC, and Jamba Juice Funding LLC,... Read more »

A.M. Best Downgrades Credit Ratings of Trust International Insurance & Reinsurance Company B.S.C. (c) Trust Re and Maintains Under Review With Negative Implications Status

LONDON--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of Trust International Insurance & Reinsurance Company... Read more »

KBRA Releases 2018 CMBS Default and Loss Study

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases its CMBS Default and Loss Study: Defaults and Losses Fall to Multi-Year Lows. In total, KBRA analyzed 98,175 commercial real estate loans from 805... Read more »

KBRA Releases Rating Report for the City of Chicago’s Sales Tax Securitization Corporation Sales Tax Securitization Bonds, Series 2018C

NEW YORK--(BUSINESS WIRE)--On October 11, 2018, Kroll Bond Rating Agency (KBRA) assigned an AAA long-term rating and Stable outlook to the City of Chicago’s Sales Tax Securitization Corporation (STSC) Sales Tax Securitization... Read more »