KBRA Assigns Ratings to RFS Asset Securitization LLC, Series 2018-1 Additional Notes and Affirms Ratings of Existing Series 2018-1 Notes
Kroll Bond Rating Agency (KBRA) assigns ratings to three classes of additional Series 2018-1 Notes (the Series 2018-1 Additional Notes) issued by RFS Asset Securitization LLC.
- Kroll Bond Rating Agency (KBRA) assigns ratings to three classes of additional Series 2018-1 Notes (the Series 2018-1 Additional Notes) issued by RFS Asset Securitization LLC.
- RFS Asset Securitization LLC issued three classes of Series 2018-1 Notes, Class A, Class B and Class C Notes (collectively, Series 2018-1 Notes) totaling $80 million on January 14, 2019.
- The Series 2018-1 Additional Notes include $40 million of additional Series 2018-1 Class A, Class B, and Class C Notes (together with the Series 2018-1 Notes, the Notes).
- In addition, the ratings for the previously issued $80.0 million of Series 2018-1 Notes are affirmed in conjunction with the issuance of the $40.0 million Series 2018-1 Additional Notes.