KBRA Assigns Preliminary Rating to Gracie Point Premium Financing 2017-I, Series 2017-B

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to the Class I Notes issued by Gracie Point Premium Financing 2017-I, Series 2017-B. This transaction is Gracie Point, LLC’s (“Gracie Point”, the “Company” or the “Sponsor”) second securitization. Gracie Point Premium Financing 2017-I (the “Issuer”) will issue the Series 2017-B Secured Floating Rate Notes (the “Series 2017-B Notes”) in two classes: Class I (“Class I Notes”) and Class II (“Class II Notes”, joi