KBRA Assigns Preliminary Ratings to Flagstar Mortgage Trust 2018-3INV (FSMT 2018-3INV)

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 22 classes of mortgage pass-through certificates from Flagstar Mortgage Trust 2018-3INV (FSMT 2018-3INV), the first prime RMBS transaction consisting entirely of... Read more »

KBRA Comments on Cadence Bancorporation’s Merger with State Bank Financial Corporation

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases a comment on Cadence Bancorporation (NYSE: CADE, “Cadence” or “the Company”), which announced a definitive merger agreement with State Bank Financial Corporation (NASDAQ: STBZ... Read more »

KBRA Assigns Preliminary Ratings to Hardee’s Funding LLC and Carl’s Jr. Funding LLC – Series 2018-1 Senior Secured Notes

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to four note classes of Hardee’s Funding LLC and Carl’s Jr. Funding LLC, a whole business securitization. This transaction represents the... Read more »

KBRA Assigns BBB+ Senior Unsecured Debt Rating for Berkshire Hills Bancorp, Inc.

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 K2 to Berkshire Hills Bancorp, Inc. (NYSE:BHLB),... Read more »

KBRA Comments on ECN Capital Corporation’s Strategic Investment in The Kessler Group

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) most recently affirmed the BBB issuer rating with a Stable Outlook for ECN Capital Corporation (TSX: ECN or “ECN Capital”), based in Toronto, Canada, on... Read more »

KBRA Assigns Preliminary Rating to SCF Equipment Leasing 2018-1 LLC and SCF Equipment Leasing Canada 2018 Limited Partnership Equipment Contract Backed Notes, Series 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to seven classes of notes from SCF Equipment Leasing 2018-1 LLC and SCF Equipment Leasing Canada 2018 Limited Partnership Equipment Contract Backed... Read more »

A.M. Best Affirms Credit Ratings of Scotia Reinsurance Limited

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Scotia Reinsurance Limited (Scotia Re) (Barbados). The outlook of these... Read more »

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

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of Series 2018-1 notes (the “Series 2018-1 Notes”) issued by SFS Asset Securitization LLC. This transaction is Strategic Funding Source’s... Read more »

KBRA Releases Report for Pennsylvania Turnpike Commission Oil Franchise Tax Senior and Subordinated Revenue Bonds

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AA and Stable Outlook to the Pennsylvania Turnpike Commission Oil Franchise Tax Senior Revenue Bonds, Series A of 2018... Read more »

A.M. Best Removes From Under Review with Developing Implications and Affirms Credit Ratings of Cincinnati Equitable Life Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Cincinnati Equitable... Read more »