Kroll Bond Rating Agency Assigns Preliminary Ratings to FOCUS Brands Funding LLC, Carvel Funding LLC, McAlister’s Funding LLC – Series 2017-1 Senior Secured Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to three note classes of FOCUS Brands Funding LLC, Carvel Funding LLC, McAlister’s Funding LLC, a whole business securitization. Focus Brands Inc. (“FOCUS”, or “the Company”) is the franchisor and operator of branded locations under the brands Auntie Anne’s, Carvel, Cinnabon, McAlister’s Deli, Moe’s Southwest Grill and Schlotzsky’s. FOCUS will contribute many of its revenue-generating assets to FOCUS Br