NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three note classes of STEAM 2018-1, a railcar leasing securitization. This is the first transaction issued out of USQ Rail I LLC (“U.S. Issuer”) and USQ Canada Rail ULC (“Canadian Issuer”, and together with the U.S. Issuer, the “Issuers”). All of the railcars in the portfolio (the “Portfolio Railcars”) and the related leases were previously acquired by the Issuers from the ECN Sellers and Trinity Sellers.
