Kroll Bond Rating Agency Assigns Preliminary Ratings to Jimmy John’s Funding, LLC Series 2017-1 Senior Secured Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to two note classes of Jimmy John’s Funding, LLC, a whole business securitization. This transaction is structured as a “whole business securitization” in which Jimmy John’s LLC and its subsidiaries (“Jimmy John’s” or the “Company”) will contribute most of its revenue-generating assets in the United States to Jimmy John’s Funding, LLC and its subsidiaries as collateral for the offered notes. The collater