NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six note classes of Ascentium Equipment Receivables 2017-1 Trust. The notes are newly issued asset-backed securities backed by a portfolio of equipment leases and loans. This transaction is Ascentium Capital LLC’s (“Ascentium” or the “Company”) eighth securitization supported by small and mid-ticket general equipment. The transaction features a payment waterfall, whereby all collections after expenses and
