NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to assign preliminary ratings to seven classes of the PFP 2017-3 transaction, a $567.4 million floating-rate commercial real estate collateralized loan obligation (CRE CLO) securitization. The underlying collateral consists of 11 non-recourse whole loans and 16 pari passu participation interests indexed to the one-month London Interbank Offered Rate (LIBOR). The loan assets have an initial aggregate cut-off date principal bal
