KBRA Assigns Ratings to T. Rowe Price OHA Select Private Credit Fund (OCREDIT)
KBRA assigns issuer and senior unsecured debt ratings of BBB to T. Rowe Price OHA Select Private Credit Fund (“OCREDIT” or “the company”).
- KBRA assigns issuer and senior unsecured debt ratings of BBB to T. Rowe Price OHA Select Private Credit Fund (“OCREDIT” or “the company”).
- The ratings and Outlook are supported by T. Rowe Price OHA Select Private Credit Fund’s ties to Oak Hill Advisors, L.P.’s (“OHA”) $63 billion of Assets Under Management, which includes the $28 billion private credit platform that has obtained SEC exemptive relief to co-invest with OHA affiliates.
- T. Rowe Price Group, Inc. (NASDAQ: TROW), the parent company of OHA (acquired in 2021), is a global asset manager with approximately $1.45 trillion in AUM.
- OHA has a strong reputation as a trusted, value-added financing partner which has been cultivated over decades with companies and private equity sponsors (~150).