KBRA Assigns Preliminary Ratings to Monroe Capital ABS Funding II

KBRA assigned preliminary ratings to five classes of debt issued by Monroe Capital ABS Funding II (MCAF II), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

January 30, 2023 KBRA | Monroe Capital Ian Koplin

KBRA Reports Structured Credit and CLO Issuance has Pushed Forward in 2022

KBRA released a report examining trends across the structured credit landscape, including issuance, spreads and document features. Despite many obstacles, structured credit transactions and CLOs have pushed forward with robust issuance so far in 2022.

October 17, 2022 KBRA Ian Koplin

Parthenon Capital Partners Acquires Kroll Bond Rating Agency

Kroll Bond Rating Agency entered a deal with private equity firm Parthenon Capital Partners, which will acquire a majority stake in the company. KBRA is a global credit rating agency that was founded in the wake of the global financial crisis.

December 14, 2021 Brian Golson | Gunderson Dettmer | Jim Nadler | KBRA | Kirkland & Ellis | Newbold Partners | Parthenon Capital | Shearman & Sterling | Zach Sadek Ian Koplin

KBRA Rates Golub Capital Partners’ ABS Funding in Connection with Refinancing

Kroll Bond Rating Agency assigned a rating to one class of notes issued by Golub Capital Partners ABS Funding 2019-1, L.P., a securitization backed by a portfolio of recurring revenue and middle-market corporate loans that has been amended to refinance the existing notes.

June 21, 2021 GC Investment Management | Golub Capital | Golub Capital Partners ABS Funding 2019-1 | KBRA | Kroll Bond Rating Agency | L.P. Phil Neuffer

KBRA: PG&E Likely to Request PPA Rejection from Bankruptcy Court

Credit rating agency KBRA released a project finance report exploring how the bankruptcy of Pacific Gas & Electric will affect project financings and power purchase agreements.

February 7, 2019 KBRA | Pacific Gas & Electric | PG&E Amanda Koprowski

Hercules Capital Completes $200MM Securitization

Hercules Capital Funding Trust 2018-1, a newly-formed wholly owned subsidiary of specialty finance company Hercules Capital, issued $200 million of class A notes rated A(sf) by KBRA.

November 2, 2018 Hercules Capital | Hercules Capital Funding Trust | KBRA | Kroll Bond Rating Agency | Manuel A. Henriquez Amanda Koprowski