KBRA - Kroll Bond Rating Agency, Inc.

KBRA Assigns Preliminary Ratings to TruPS Financials Note Securitization 2019-1

NEW YORK, NY (February 5, 2019) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2019-1 (“TFINS 2019-1”).

NEW YORK, NY (December 20, 2018) – Kroll Bond Rating Agency (KBRA) assigns final ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-2 (“TFINS 2018-2”).

NEW YORK, NY (November 21, 2018) – Kroll Bond Rating Agency (KBRA) releases our inaugural Sector Outlook for Structured Credit.

NEW YORK, NY (November 26, 2018) – Kroll Bond Rating Agency (KBRA) releases a research report comparing portfolio risk and construction techniques of a small sample of CLO collateral managers. Arbitrage is a key consideration in CLO portfolio construction and structuring, along with the main strategy used to test if deals are economically feasible. The equity holders bear the most risk if the deal goes south but can reap big paydays if the deals perform, i.e., the arbitrage works. So we asked ourselves, where does the arbitrage come from?

NEW YORK, NY (November 21, 2018) – Kroll Bond Rating Agency (KBRA) assigns a final rating to one class of notes issued by THL Credit Wind River 2015-1 CLO Ltd. (THL 2015-1).

NEW YORK, NY (November 14, 2018) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-2 (“TFINS 2018-2”).

NEW YORK, NY November 6, 2018 – Kroll Bond Rating Agency (KBRA) assigns a preliminary rating to one class of notes (the Notes) issued by THL Credit Wind River 2015-1 CLO Ltd. (THL 2015-1).

NEW YORK, NY (October 22, 2018) – Kroll Bond Rating Agency (KBRA) affirms the ratings on the Class A-1 and Class A-2 Notes and upgrades the rating on the Class B Notes of TruPS Financials Note Securitization 2017-2 (TFINS 2017-2).

NEW YORK, NY (September 20, 2018) – Kroll Bond Rating Agency (KBRA) releases a research report highlighting general trends in the leveraged loan market, including credit fundamentals and documentation. The report highlights the impact deteriorating loan standards could have on collateralized loan obligations (CLOs).

NEW YORK, NY (September 20, 2018) – Kroll Bond Rating Agency (KBRA) releases a research report on newly issued Collateralized Debt Obligations (CDOs) containing bank and insurance securities. Many of these new deals are formed with a mix of collateral from legacy trust preferred securities (TruPS) CDOs issued prior to the financial crisis. The report compares these new deals to the legacy TruPS CDOs to highlight some key differences.

NEW YORK, NY (August 7, 2018) – Kroll Bond Rating Agency (KBRA) releases its methodology for rating structured credit transactions. The Global Structured Credit Methodology addresses KBRA’s approach to rating structured credit transactions backed by portfolios of corporate credits, amongst others, including transactions backed by corporate loan portfolios referred to as Collateralized Loan Obligations (CLOs).

NEW YORK, NY (July 30, 2018) – Kroll Bond Rating Agency (KBRA) assigns final ratings to two classes of notes (the “Notes”) issued by Credit Suisse ABS Repackaging Trust 2018-PS1 (“CSRT 2018-PS1”).

NEW YORK, NY (July 16, 2018) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes (the “Notes”) issued by Credit Suisse ABS Repackaging Trust 2018-PS1 (“CSRT 2018-PS1”).

NEW YORK, NY (May 8, 2018) – Kroll Bond Rating Agency (KBRA) assigns final ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-1 (“TFINS 2018-1”).

NEW YORK, NY (April 3, 2018) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2018-1 Ltd (“TFINS 2018-1”).

NEW YORK, NY (October 26, 2017) – Kroll Bond Rating Agency (KBRA) assigns final ratings to three classes of notes (the “Notes”) issued by TruPS Financials Note Securitization 2017-2 (“TFINS 2017-2”).

NEW YORK, NY (September 28, 2017) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by TruPS Financials Note Securitization 2017-2 (“TFINS 2017-2”).