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KBRA Releases Global Structured Credit Rating Methodology

August 8, 2018

NEW YORK--(BUSINESS WIRE)--Aug 8, 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).

The rating determinants include: (i) Review and analysis of the underlying collateral, (ii) Portfolio-level default analysis, (iii) Transaction and structural analysis, including the review of transaction documents, (iv) Cash-flow analysis, and (v) Review and analysis of the collateral manager, when applicable.

Please click to access the methodology.

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About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. 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, is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005138/en/

CONTACT: Analytical:

Eric Hudson, 646-731-3320

Managing Director

ehudson@kbra.com

or

George Lyons, 646-731-3314

CFA, Director

glyons@kbra.com

or

Sean Malone, 646-731-2436

CFA, Director

smalone@kbra.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE INSURANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2018.

PUB: 08/08/2018 08:00 AM/DISC: 08/08/2018 08:01 AM

http://www.businesswire.com/news/home/20180808005138/en

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