CRA

KBRA Assigns Preliminary Ratings to OBX 2022-NQM1 Trust (OBX 2022-NQM1)

Retrieved on: 
Friday, January 14, 2022 - 10:40pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to Ellington Financial Mortgage Trust 2022-1 (EFMT 2022-1)

Retrieved on: 
Friday, January 14, 2022 - 6:37pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to Golub Capital BDC 3 ABS 2022-1 LLC

Retrieved on: 
Friday, January 14, 2022 - 5:06pm

KBRA assigns preliminary ratings to one class of notes issued by Golub Capital BDC 3 ABS 2022-1 LLC (GC BDC 3 ABS 2022-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

Key Points: 
  • KBRA assigns preliminary ratings to one class of notes issued by Golub Capital BDC 3 ABS 2022-1 LLC (GC BDC 3 ABS 2022-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.
  • GC BDC 3 ABS 2022-1 is a $400.0 million securitization managed by GC Advisors LLC (Golub or the Collateral Manager), a registered investment adviser and affiliate of Golub Capital.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Century Casinos Enters into Definitive Agreement to Sell Land and Building in Calgary

Retrieved on: 
Thursday, January 13, 2022 - 10:51pm

On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.

Key Points: 
  • On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.
  • CRA continues to operate Century Sports, a sports bar, bowling and entertainment facility located on a portion of the property.
  • Upon closing, CRA will stop operating Century Sports and will transfer the lease agreement for the casino premises to the Buyer.
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.

Century Casinos Enters into Definitive Agreement to Sell Land and Building in Calgary

Retrieved on: 
Thursday, January 13, 2022 - 10:27pm

On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.

Key Points: 
  • On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.
  • CRA continues to operate Century Sports, a sports bar, bowling and entertainment facility located on a portion of the property.
  • Upon closing, CRA will stop operating Century Sports and will transfer the lease agreement for the casino premises to the Buyer.
  • These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.

KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2022-DNA1

Retrieved on: 
Thursday, January 13, 2022 - 9:33pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to LendingPoint 2022-A Asset Securitization Trust

Retrieved on: 
Thursday, January 13, 2022 - 6:35pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to New Residential Mortgage Trust 2022-NQM1 (NRMLT 2022-NQM1)

Retrieved on: 
Thursday, January 13, 2022 - 5:11pm

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Launches European Research Podcast: Conversations in European Credit

Retrieved on: 
Thursday, January 13, 2022 - 4:08pm

KBRA UK (KBRA) announces the launch of Conversations in European Credit podcast, a new periodic series hosted by KBRA Head of European Research Gordon Kerr.

Key Points: 
  • KBRA UK (KBRA) announces the launch of Conversations in European Credit podcast, a new periodic series hosted by KBRA Head of European Research Gordon Kerr.
  • Conversations in European Credit brings together KBRA analysts from across the company to discuss topical issues in the European capital markets.
  • In the first episode, Structured Finance: European Insights , Gordon and members of the KBRA Structured Finance team discuss the companys 2022 Outlook for European Securitisation markets.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

M&T Bank Expands Financial Access, Removes Language Barriers with 100 New Multicultural Banking Centers

Retrieved on: 
Thursday, January 13, 2022 - 1:30pm

The expansion of M&T's multicultural banking centers from 19 designated branches to 118 is part of the company's mission to be a culturally fluent bank for all communities, especially as the nation becomes more diverse.

Key Points: 
  • The expansion of M&T's multicultural banking centers from 19 designated branches to 118 is part of the company's mission to be a culturally fluent bank for all communities, especially as the nation becomes more diverse.
  • "As this nationwide demographic shift accelerates, our multicultural banking initiative will help us meet the changing needs of our communities," said David Femi, head of Multicultural Banking & Diverse Market Strategy at M&T Bank.
  • "With our recent designation of new multicultural banking centers, we are demonstrating our clear intention to be the bank for all communities."
  • The new centers will serve as community hubs where customers can receive banking services in their preferred language and with an understanding of their culture.