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

KBRA Assigns Ratings to Senior Notes and Mandatory Redeemable Preferred Shares Issued by Tortoise Pipeline & Energy Fund, Inc. (TTP)

Retrieved on: 
星期五, 十二月 16, 2022

KBRA assigns ratings of ‘AAA’ for the Senior Notes (the “Notes”) and ‘A+’ for the Mandatory Redeemable Preferred Shares (“MRPS”) issued by Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) (“TTP” or the “Fund”).

Key Points: 
  • KBRA assigns ratings of ‘AAA’ for the Senior Notes (the “Notes”) and ‘A+’ for the Mandatory Redeemable Preferred Shares (“MRPS”) issued by Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) (“TTP” or the “Fund”).
  • Additionally, KBRA assigns a ‘Stable’ Outlook to the Notes and MRPS.
  • The Fund had its Initial Public Offering in October 2011 and its shares are listed on the New York Stock Exchange under the symbol TTP.
  • Since inception through November 2022, the Fund has average senior and total asset coverage of 533% and 408%.

KBRA Assigns AA+ Rating to TBTA’s Payroll Mobility Tax (PMT) Senior Lien Refunding Green Bonds, Series 2023A (Climate Bond Certified)

Retrieved on: 
星期五, 十二月 16, 2022

KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Senior Line Refunding Green Bonds, Series 2023A (Climate Bond Certified).

Key Points: 
  • KBRA assigns a long-term rating of AA+ with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) Payroll Mobility Tax (PMT) Senior Line Refunding Green Bonds, Series 2023A (Climate Bond Certified).
  • Concurrently, KBRA affirms the long-term AA+ rating with a Stable Outlook for the outstanding TBTA Payroll Mobility Tax Senior Lien Bonds and the short-term K1+ rating to the PMT Bond Anticipation Notes issued by TBTA and the Metropolitan Transportation Authority.
  • 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 Assigns Preliminary Ratings to EFMT 2022-4

Retrieved on: 
星期五, 十二月 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 Assigns BBB+ IFSRs to First Protective Insurance Company and Frontline Insurance Unlimited Company

Retrieved on: 
星期二, 十二月 13, 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.
  • 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 Releases Report Assigning Ratings to Various Sales Tax Securitization Corporation Bonds; Affirming Ratings on Outstanding Debt; Outlook is Stable

Retrieved on: 
星期一, 十二月 12, 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.

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.
  • 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 Western Mortgage Reference Notes, Series 2022-CL4 (WAL 2022-CL4)

Retrieved on: 
星期四, 十二月 8, 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.
  • 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 Osprey Securitization I, LLC

Retrieved on: 
星期三, 十二月 7, 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 K1+ Rating to Cobb County School District, GA’s Short-Term Construction Notes, Series 2023; Affirming K1+ Rating for Series 2022 Construction Notes and AAA Rating for Implied GO Credit

Retrieved on: 
星期二, 十二月 6, 2022

On December 5, 2022, KBRA assigned a short-term rating of K1+ to Cobb County School District, Georgias Short-Term Construction Notes, Series 2023 (the "Notes").

Key Points: 
  • On December 5, 2022, KBRA assigned a short-term rating of K1+ to Cobb County School District, Georgias Short-Term Construction Notes, Series 2023 (the "Notes").
  • Additionally, KBRA affirmed the short-term rating of K1+ for the Districts Short-Term Construction Notes, Series 2022 due December 15, 2022, and the long-term rating of AAA with a Stable Outlook for the Districts Implied General Obligation Credit.
  • 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.

Repair Plans UK Limited

Retrieved on: 
星期二, 十二月 13, 2022

Repair Plans UK Limited (RPUK), based in Brighton made 21,347 unsolicited direct marketing calls to people registered with the TPS between 18 January 2021 and 7 September 2021.

Key Points: 
  • Repair Plans UK Limited (RPUK), based in Brighton made 21,347 unsolicited direct marketing calls to people registered with the TPS between 18 January 2021 and 7 September 2021.
  • RPUK came to the attention of the ICO via West Sussex Trading Standards.
  • Throughout the investigation the company failed to provide any details of their compliant marketing procedures and the ICO found at least one incident of 180 being taken unnecessarily from a persons bank account.
  • The ICO has fined RPUK 70,000 and issued an enforcement notice demanding the company comply with the law within 30 days.

KBRA Assigns Preliminary Ratings to OneMain Financial Issuance Trust 2022-3

Retrieved on: 
星期一, 十二月 5, 2022

Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Key Points: 
  • 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.
  • 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.