NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes issued by Welk Resorts 2017-A (“WELK 2017-A”). This is a $149.03 million timeshare ABS transaction that is expected to close June 22, 2017. Welk 2017-A is expected to be collateralized by approximately $125 million of timeshare loan receivables at closing compared to an expected collateral balance of approximately $155 million after completion of the prefunding period. The prefunding f
