-

KBRA Releases 12 Things in Credit: June 2025

NEW YORK--(BUSINESS WIRE)--KBRA releases its latest 12 Things in Credit report, highlighting timely credit market themes drawn from our weekly podcast, 3 Things in Credit, hosted by KBRA’s Chief Strategist, Van Hesser. Among the wide-ranging topics Van discusses in this issue are growth catalysts, the implications of the tariff baseline bumping to 15%, and the market reaction to Delta Airlines earnings.

Each Friday, the podcast covers three Things impacting credit that market participants should know about. After every four episodes—12 Things total—we compile the transcripts into one publication, making it easy to catch up on anything you missed.

Click here to view the report.

Related Publications

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1010639

Contacts

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

Kroll Bond Rating Agency, LLC

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

Release Versions

Contacts

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

Social Media Profiles
More News From Kroll Bond Rating Agency, LLC

KBRA Upgrades Metro Nashville Airport Authority, TN Senior Lien Bonds to AA and Subordinate Lien Bonds to AA-; Assigns Series 2026ABCD Airport Improvement Revenue Bonds AA; Outlook Stable

NEW YORK--(BUSINESS WIRE)--KBRA upgrades the long-term rating on Metropolitan Nashville Airport Authority's (MNAA) Senior Lien Airport Improvement Revenue Bonds to AA and the long-term rating on Subordinate Lien Airport Revenue Bonds to AA-. Concurrently, KBRA assigns a long-term rating of AA to MNAA's Series 2026A (non-AMT), 2026B (AMT), 2026C (non-AMT), and 2026D (AMT). The Outlook on all debt is Stable. The rating upgrades reflect the strength of Nashville International Airport’s (BNA's or t...

KBRA Assigns Rating to Soteria Reinsurance Ltd.

NEW YORK--(BUSINESS WIRE)--KBRA assigns an insurance financial strength rating (IFSR) of A to Soteria Reinsurance Ltd (“Soteria”). The Outlook for the rating is Stable. Key Credit Considerations The rating reflects Soteria’s strong capitalization, conservative balance sheet, embedded role within FMR LLC’s (“Fidelity Investments” or “Fidelity””) insurance ecosystem, and early stage but strengthening operating fundamentals. Soteria reported year-end 2024 GAAP equity of $84.8 million and a BSCR co...

KBRA Assigns AAA Rating to Dallas Independent School District, TX: Unlimited Tax Bonds Series 2026A and 2026B

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the Dallas Independent School District, TX: Unlimited Tax School Building Bonds, Series 2026A; and Variable Rate Unlimited Tax School Building Bonds, Series 2026B. KBRA additionally affirms the long-term rating of AAA for the District's outstanding Unlimited Tax Bonds (PSF) and Unlimited Tax Bonds (Non-PSF). The Outlook for each obligation is Stable. The Series 2026A and 2026B Bonds have received conditional approval for and a...
Back to Newsroom