-

KBRA Releases 12 Things in Credit: March 2024

NEW YORK--(BUSINESS WIRE)--KBRA releases topical and timely commentary on credit markets, compiled from our weekly podcast, 3 Things in Credit, hosted by our Chief Strategist, Van Hesser. Among the wide-ranging topics Van has addressed over the past month are U.S. exceptionalism, historic tights in single-B credit spreads, and muted event risk.

Each week, we dig into and provide perspective on issues credit-market participants care about. Tune in every Friday to Van’s podcast for the latest. And look for our monthly published recap to catch up on what you might have missed.

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

Van B. Hesser, Senior Managing Director and Chief Strategist
+1 646-731-2305
van.hesser@kbra.com

KBRA

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

Release Versions

Contacts

Van B. Hesser, Senior Managing Director and Chief Strategist
+1 646-731-2305
van.hesser@kbra.com

More News From KBRA

KBRA Assigns Preliminary Ratings to PRKCM 2026-AFC3 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes issued by PRKCM 2026-AFC3 Trust, a $380.9 million non-prime RMBS transaction. The underlying collateral consists of 976 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) representing 96.2% and 3.8% of the pool, respectively. The transaction includes a meaningful concentration of collateral that KBRA considers non-prime. All of the loans were origin...

KBRA Assigns Preliminary Ratings to Mission Lane Credit Card Master Trust, Series 2026-A

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to six classes of notes that will be issued from Mission Lane Credit Card Master Trust ("MLCCMT"), Series 2026-A (“MLANE 2026-A”), a credit card ABS transaction. The preliminary ratings reflect the initial credit enhancement levels ranging from 40.60% for the Class A notes to 3.50% for the Class F notes. Credit enhancement on the notes consists of excess spread generated by the pool of credit card receivables, overcollateralization, su...

KBRA Assigns Preliminary Ratings to Sunrun Prometheus Issuer 2026-1, LLC

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes issued by Sunrun Prometheus Issuer 2026-1, LLC. The transaction is collateralized by a diversified pool of 38,706 leases and power purchase agreements (PPAs) associated with residential solar photovoltaic installations (PV Systems). The total Aggregate Discounted Solar Asset Balance (ADSAB) based on a discount rate of 7.5%, consisting of the discounted payments of the leases and PPAs is approximately $844.4 mi...
Back to Newsroom