-

KBRA Releases Research - Russia-Ukraine Conflict: Potential Aircraft ABS Implications

NEW YORK & DUBLIN--(BUSINESS WIRE)--KBRA and KBRA Europe (collectively, KBRA) releases a brief report highlighting Aircraft ABS lease backed securities with exposure to aircraft leased to entities in Russia and the Ukraine. There is risk of potential cash flow interruptions in such transactions that could result from recent or future economic sanctions on Russia or Russian citizens as a result of the conflict. Furthermore, aircraft leased and located in Ukraine may be susceptible to physical damage.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Alan Greenblatt, Senior Director
+1 (646) 731-2496
alan.greenblatt@kbra.com

Killian Walsh, Director
+353 1 588 1184
killian.walsh@kbra.com

Michael Lepri, Director
+1 (646) 731-3389
michael.lepri@kbra.com

Preston Boutwell, Senior Analyst
+1 (646) 731-2367
preston.boutwell@kbra.com

Business Development Contacts

Ted Burbage, Managing Director
+1 (646) 731-3325
ted.burbage@kbra.com

Mauricio Noé, Senior Managing Director
+44 208 148 1010
mauricio.noe@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Alan Greenblatt, Senior Director
+1 (646) 731-2496
alan.greenblatt@kbra.com

Killian Walsh, Director
+353 1 588 1184
killian.walsh@kbra.com

Michael Lepri, Director
+1 (646) 731-3389
michael.lepri@kbra.com

Preston Boutwell, Senior Analyst
+1 (646) 731-2367
preston.boutwell@kbra.com

Business Development Contacts

Ted Burbage, Managing Director
+1 (646) 731-3325
ted.burbage@kbra.com

Mauricio Noé, Senior Managing Director
+44 208 148 1010
mauricio.noe@kbra.com

More News From KBRA

KBRA Releases Research – REIT Consolidation: Structural Drivers, Deal Activity, and Credit Implications

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining the U.S. REIT sector, which has entered a period of accelerated consolidation, with public-to-public mergers, take-privates, and strategic acquisitions gaining momentum. Nareit estimates that announced deal value for listed REIT acquisitions reached approximately $24 billion in 2025, nearly double 2024 levels, with activity accelerating in the second half and continuing into early 2026. In KBRA’s view, the recent wave reflects a struct...

KBRA Assigns Preliminary Rating to FNA 9, LLC

NEW YORK--(BUSINESS WIRE)--KBRA assigns a preliminary rating to one class of notes issued by FNA 9, LLC (FNA 9), a $270.0 million property tax lien ABS transaction. FNA 9 represents the Company’s seventh public tax lien ABS securitization. Proceeds from the Notes will be used to acquire a portfolio of 9,249 property tax lien assets from municipalities within 13 states, including Texas (53.2%), Florida (19.9%), and New Jersey (8.4%), with a redemptive value of approximately $157.0 million (the I...

KBRA Releases Research – Private Credit: Deep Dive on AI and Software

NEW YORK--(BUSINESS WIRE)--KBRA releases research examining the impact of artificial intelligence (AI) on software and private credit portfolios. In KBRA’s view, AI poses diffuse and manageable credit risks to software companies held by direct lenders. While some sponsor-backed borrowers with near-term maturities and structural exposure to AI disruption may face significant pressure—contributing to a modest increase in overall default rates—we find that most software-adjacent borrowers have bus...
Back to Newsroom