KBRA Assigns Preliminary Ratings to Dividend Solar Loans 2018-1 LLC

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Dividend Solar Loans 2018-1, LLC (“DIV 2018-1”). This is a $104.66 million term ABS securitization collateralized by a pool of $110.17 million residential solar loans. The transaction that is expected to close on April 19, 2018. This transaction is Dividend Finance, Inc.’s (“Dividend” or the “Company”) second securitization. The Notes are backed by a pool of mostly prime qua