NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of notes issued by Purchasing Power Funding 2018-A, LLC (“PPF 2018-A”), a consumer installment receivable asset-backed securities transaction. This transaction, represents Purchasing Power’s second rated ABS securitization. PPF 2018-A will issue four classes of notes totaling $175.00 million. The transaction has initial credit enhancement levels of 30.75% for the Class A Notes, 23.60% for the
