Kroll Bond Rating Agency Assigns Preliminary Ratings to Mariner Finance Issuance Trust 2017-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Mariner Finance Issuance Trust 2017-A (MFIT 2017-A), a personal loan asset-backed securities transaction. The collateral in the MFIT 2017-A deal includes approximately $252.2 million of loans, as of January 31, 2017. The preliminary ratings reflect the initial credit enhancement levels of 26.07% for the Class A, 18.22% for the Class B notes, and 11.8% for the Class C notes. Credit enhancem