KBRA Assigns Preliminary Ratings to TruPS Financials Note Securitization 2018-2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-2 (“TFINS 2018-2”). TFINS 2018-2 is a static cash flow CDO and will not allow for any reinvestments. The preliminary ratings reflect the initial credit enhancement levels, coverage tests including overcollateralization and interest rate tests for all Notes, excess spread, and a turbo payment that will amortize the Clas