KBRA Assigns Preliminary Ratings to Conn’s Receivables Funding 2018-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Conn’s Receivables Funding Series (“CONN 2018-A”). The transaction represents the sixth securitization since 2015 collateralized by a pool of retail installment sales contracts and installment loans made to finance customer purchases of merchandise from one of Conn’s retail locations. This is a $358.3 million ABS transaction and will include approximately $421.5 million of