European Securities and Markets Authority

KBRA Assigns Preliminary Ratings to Harbour No.1 PLC

Friday, December 3, 2021 - 6:27pm

This credit rating is endorsed by Kroll Bond Rating Agency Europe Limited for use in the European Union.

Key Points: 
  • This credit rating is endorsed by Kroll Bond Rating Agency Europe Limited for use in the European Union.
  • Information on a credit ratings endorsement status is available on its rating page at 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 Ratings to Mercantile Bank Corporation

Wednesday, December 1, 2021 - 10:07pm

Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Grand Rapids, Michigan-based Mercantile Bank Corporation (NASDAQ: MBWM) (Mercantile or the company).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Grand Rapids, Michigan-based Mercantile Bank Corporation (NASDAQ: MBWM) (Mercantile or the company).
  • In addition, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to Mercantile Bank of Michigan (the bank), the main subsidiary.
  • The ratings are based on KBRAs Bank & Bank Holding Company Global Rating Methodology published on October 16, 2019 and KBRAs ESG Global Rating Methodology published on June 16, 2021.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to Provident Funding Mortgage Trust 2021-INV2 (PFMT 2021-INV2)

Tuesday, November 30, 2021 - 7:39pm

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 Sequoia Mortgage Trust 2021-9 (SEMT 2021-9)

Monday, November 29, 2021 - 7:10pm

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 GS Mortgage-Backed Securities Trust 2021-PJ11 (GSMBS 2021-PJ11)

Monday, November 29, 2021 - 5:00pm

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.

Key Points: 
  • 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 Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • 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.

KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2021-INV2 (NRMLT 2021-INV2)

Monday, November 29, 2021 - 4:52pm

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 Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Société du Grand Paris : final terms serie 17 Issue of EUR 1,250,000,000 1.000 per cent. Notes due 26 November 2051

Thursday, November 25, 2021 - 2:04pm

Socit du Grand Paris : final terms serie 17 Issue of EUR 1,250,000,000 1.000 per cent.

Key Points: 
  • Socit du Grand Paris : final terms serie 17 Issue of EUR 1,250,000,000 1.000 per cent.
  • Notes due 26 November 2051
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • This document constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus Regulation and must be read in conjunction with such Base Prospectus.
  • The Final Terms and the Base Prospectus will be available on the Issuer's website ( https://www.societedugrandparis.fr/publications-financieres-1870 ) and on the AMF's website ( www.amf-france.org ).

Société du Grand Paris : Final terms - Issue of EUR 1,750,000,000 0.300 per cent. Notes due 25 November 2031

Thursday, November 25, 2021 - 2:04pm

Socit du Grand Paris : Final terms - Issue of EUR 1,750,000,000 0.300 per cent.

Key Points: 
  • Socit du Grand Paris : Final terms - Issue of EUR 1,750,000,000 0.300 per cent.
  • Notes due 25 November 2031
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • This document constitutes the Final Terms of the Notes described herein for the purposes of the Prospectus Regulation and must be read in conjunction with such Base Prospectus.
  • The Final Terms and the Base Prospectus will be available on the Issuer's website ( https://www.societedugrandparis.fr/publications-financieres-1870 ) and on the AMF's website ( www.amf-france.org ).

Egan-Jones Releases Risk Commentary - Punch Bowls, Parties, and Perdition

Wednesday, November 24, 2021 - 4:37pm

Egan-Jones Ratings Company releases its latest Risk Commentary issue entitled, Punch Bowls, Parties, and Perdition.

Key Points: 
  • Egan-Jones Ratings Company releases its latest Risk Commentary issue entitled, Punch Bowls, Parties, and Perdition.
  • In the commentary, Egan-Jones discusses how fiscal and monetary stimulus remain high.
  • With inflation manifesting and deficits rising, a decision to "remove the punchbowl" will yield market consequences.
  • Egan-Jones Ratings Company (EJR) started providing ratings in 1995 for the purpose of issuing timely, accurate ratings.

KBRA Issues Preliminary Ratings to Motor Securities 2020-1 DAC

Wednesday, November 24, 2021 - 3:28pm

This credit rating is endorsed by Kroll Bond Rating Agency Europe Limited for use in the European Union.

Key Points: 
  • This credit rating is endorsed by Kroll Bond Rating Agency Europe Limited for use in the European Union.
  • 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 Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • 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.