Jetivia SA v Bilta (UK) Limited (in liquidation)

KBRA Assigns Preliminary Ratings to Concord Music Royalties, LLC, Series 2022-1

Retrieved on: 
Tuesday, November 29, 2022

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 Kapitus Asset Securitization II LLC, Series 2022-3

Retrieved on: 
Tuesday, November 22, 2022

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 Notes Issued by Genesis Sales Finance Master Trust, Series 2022-A

Retrieved on: 
Monday, November 21, 2022

KBRA assigns preliminary ratings to six classes of notes issued by Genesis Sales Finance Master Trust, Series 2022-A (GSFMT Series 2022-A), a credit card asset-backed securitization.

Key Points: 
  • KBRA assigns preliminary ratings to six classes of notes issued by Genesis Sales Finance Master Trust, Series 2022-A (GSFMT Series 2022-A), a credit card asset-backed securitization.
  • The preliminary ratings reflect initial credit enhancement levels of 64.03% for the Class A notes to 14.32% for the Class F notes.
  • KBRA also conducted an operational assessment of Genesis, as well as a review of the transactions legal structure and transaction documents.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Releases Report Assigning AAA Rating to Harris County, TX’s Tax & Subordinate Lien Revenue Certificates of Obligation, Series 2022

Retrieved on: 
Monday, November 21, 2022

On November 16, 2022, KBRA assigned a long-term rating of AAA to Harris County, TXs Tax and Subordinate Lien Revenue Certificates of Obligation, Series 2022.

Key Points: 
  • On November 16, 2022, KBRA assigned a long-term rating of AAA to Harris County, TXs Tax and Subordinate Lien Revenue Certificates of Obligation, Series 2022.
  • 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.

KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2022-DSC1 (JPMMT 2022-DSC1)

Retrieved on: 
Monday, November 21, 2022

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 Releases Report Assigning A- Rating to NJTTFA Transportation Program Bonds, 2022 Series CC; Affirms Ratings for New Jersey GO and Related State Appropriation Credits; Outlook Remains Positive

Retrieved on: 
Thursday, November 17, 2022

On November 15, 2022 KBRA assigned a long-term rating of A- with a Positive Outlook to the New Jersey Transportation Trust Fund Authority (NJTTFA) Transportation Program Bonds, 2022 Series CC.

Key Points: 
  • On November 15, 2022 KBRA assigned a long-term rating of A- with a Positive Outlook to the New Jersey Transportation Trust Fund Authority (NJTTFA) Transportation Program Bonds, 2022 Series CC.
  • KBRA additionally affirmed the long-term rating of A with a Positive Outlook for the State of New Jerseys General Obligation Bonds.
  • Lastly, KBRA affirmed the long-term rating of A- with a Positive Outlook for the following bonds:
    To access ratings and relevant documents, click here .
  • 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 Assigns Preliminary Ratings to FS Rialto 2022-FL7

Retrieved on: 
Wednesday, November 16, 2022

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 Releases Report Assigning Rating to the Louisiana Local Government Environmental Facilities and Community Development Authority Insurance Assessment Revenue Bonds (Louisiana Insurance Guaranty Association Project), Series 2022B; Stable Outlook

Retrieved on: 
Wednesday, November 9, 2022

On November 7, KBRA assigned long-term rating of AA- to the Louisiana Local Government Environmental Facilities and Community Development Authority Insurance Assessment Revenue Bonds (Louisiana Insurance Guaranty Association Project), Series 2022B.

Key Points: 
  • On November 7, KBRA assigned long-term rating of AA- to the Louisiana Local Government Environmental Facilities and Community Development Authority Insurance Assessment Revenue Bonds (Louisiana Insurance Guaranty Association Project), Series 2022B.
  • 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.

KBRA Publishes Long-Term Credit Rating of AA with a Stable Outlook for Fidus Re Ltd.’s Series 2022-1 Class A Principal-at-Risk Variable Rate Notes

Retrieved on: 
Wednesday, November 9, 2022

KBRA publishes the long-term credit rating of AA assigned to Fidus Re Ltd.s Series 2022-1 Class A Principal-at-Risk Variable Rate Notes due January 11, 2035.

Key Points: 
  • KBRA publishes the long-term credit rating of AA assigned to Fidus Re Ltd.s Series 2022-1 Class A Principal-at-Risk Variable Rate Notes due January 11, 2035.
  • On October 14, 2022, KBRA initially assigned an unpublished AA long-term credit rating with a Stable Outlook.
  • This is the third issuance of notes by Fidus (the Series 2018-1 notes (Fidus I) and the Series 2021-1 notes (Fidus II) are both rated AA/Stable ).
  • 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 Releases Report Assigning AA- Rating to Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series B of 2022; Affirms Ratings for Related Obligations; Outlook is Stable

Retrieved on: 
Tuesday, November 8, 2022

KBRA assigns a long-term rating of AA- to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series B of 2022 and affirms the rating of AA- for parity Turnpike Revenue Bonds.

Key Points: 
  • KBRA assigns a long-term rating of AA- to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series B of 2022 and affirms the rating of AA- for parity Turnpike Revenue Bonds.
  • KBRA additionally affirms the long-term rating of A+ for the Commissions Turnpike Subordinate Revenue Bonds and the long-term rating of AA- for the Commissions Motor License Fund-Enhanced Turnpike Subordinate Special Revenue Bonds.
  • 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.