Kroll Bond Rating Agency released its U.S. Bank Ratings Compendium, which provides the latest view of the U.S banking sector during the COVID-19 pandemic and analyzes Q1/20 results of U.S. banks with KBRA long-term ratings.
Kroll Bond Rating Agency assigned an issuer rating of BBB- with a stable outlook to Crescent Capital, citing the company’s well-established franchise in the middle market lending space.
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.
Kroll Bond Rating Agency has reaffirmed Hercules Technology Growth Capital’s investment grade corporate rating of BBB+.