Bond credit rating

KBRA Releases RMBS Exposure Report Update: Sterling Bank & Trust, FSB

Retrieved on: 
Tuesday, March 17, 2020
Consulting, Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Releases RMBS Credit Indices (KCI) for February

Retrieved on: 
Friday, March 13, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Releases Research – Sales Tax Collections Have Strong Immunities

Retrieved on: 
Thursday, March 12, 2020
Supply chain management, Infectious diseases, Other Retail, Health, Retail, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Publishes Rating Report for NSS Life

Retrieved on: 
Thursday, March 12, 2020
Professional services, Insurance, Finance, Economy, Finance, Money, Bond market, Kroll Bond Rating Agency, Credit rating agency, Bond credit rating, Benefit society, Insurance

On March 6, 2020, Kroll Bond Rating Agency (KBRA) assigned an insurance financial strength rating (IFSR) of BBB+ with a Stable Outlook to the National Slovak Society of the United States of America (NSS Life or the Society).

Key Points: 
  • On March 6, 2020, Kroll Bond Rating Agency (KBRA) assigned an insurance financial strength rating (IFSR) of BBB+ with a Stable Outlook to the National Slovak Society of the United States of America (NSS Life or the Society).
  • NSS Life is a 130-year-old fraternal benefit society domiciled in McMurray, Pennsylvania.
  • NSS Life is Americas oldest Slovak fraternal society and the ninth largest fraternal organization in the United States, based on net admitted assets.
  • The rating reflects the Societys profitable operations, solid balance sheet, low-risk product offerings, conservative asset portfolio, and growing membership base.

KBRA Releases Report on the Assignment of AA+ Rating and Positive Outlook to State of Wisconsin General Obligation Refunding Bonds of 2020, Series 3 (Taxable)

Retrieved on: 
Wednesday, March 11, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Releases Report on San Diego Unified School District

Retrieved on: 
Monday, March 9, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Releases Marketplace Consumer Loan Indices for February

Retrieved on: 
Friday, March 6, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Nationally recognized statistical rating organization, Kroll Bond Rating Agency, Prospectus, Shelf registration, Bond credit rating, Asset-backed security, Security, U.S. Securities and Exchange Commission

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

Key Points: 
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA).
  • Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

KBRA Assigns Preliminary Ratings to Notes Issued by Westlake Automobile Receivables Trust 2020-1

Retrieved on: 
Wednesday, March 4, 2020
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating agencies, Kroll Bond Rating Agency, Credit risk, Subprime mortgage crisis, Credit enhancement, Receivables, Subprime lending, Bond credit rating, KBRA

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2020-1 (WLAKE 2020-1), an auto loan ABS transaction.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to eight classes of notes issued by Westlake Automobile Receivables Trust 2020-1 (WLAKE 2020-1), an auto loan ABS transaction.
  • The preliminary ratings reflect the initial credit enhancement levels of 40.45% for the Class A-1 and A-2 notes, 31.95% for the Class B notes, 19.55% for the Class C notes, 10.05% for the Class D notes, 5.90% for the Class E notes, and 1.60% for the Class F notes.
  • Credit enhancement consists of overcollateralization, subordination of junior notes, cash reserves and excess spread.
  • Westlake specializes in the acquisition and servicing of subprime, near-prime, and prime automobile retail installment contracts.

KBRA Assigns Preliminary Ratings to CoreVest American Finance 2020-1

Retrieved on: 
Monday, March 2, 2020
Banking, Professional services, Insurance, Finance, Finance, Money, Economy, Credit risk, Credit rating agencies, Kroll Bond Rating Agency, Securitization, KBRA, Bond credit rating

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 10 classes of certificates issued in the CoreVest American Finance 2020-1 (CAF 2020-1) securitization.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 10 classes of certificates issued in the CoreVest American Finance 2020-1 (CAF 2020-1) securitization.
  • The preliminary ratings are based on information known to KBRA at the time of this publication.
  • Information received subsequent to this release could result in the assignment of final ratings that differ from the preliminary ratings.
  • For further details on KBRAs analysis, please see our pre-sale report, entitled CoreVest American Finance 2020-1 Pre-Sale Report , which is published at www.kbra.com

KBRA Assigns Preliminary Ratings to Progress Residential 2020-SFR1

Retrieved on: 
Monday, March 2, 2020
Professional services, Finance, Finance, Money, Economy, Credit risk, Credit rating agencies, Kroll Bond Rating Agency, United States housing bubble, KBRA, Securitization, Bond credit rating, Kroll

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to seven classes of Progress Residential 2020-SFR1 (Progress 2020-SFR1) single-family rental pass-through certificates.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to seven classes of Progress Residential 2020-SFR1 (Progress 2020-SFR1) single-family rental pass-through certificates.
  • The subject will be the 12th KBRA-rated SFR securitization issued by Progress Residential.
  • The preliminary ratings are based on information known to KBRA at the time of this publication.
  • Information received subsequent to this release could result in the assignment of final ratings that differ from the preliminary ratings.