-

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

Industry:

Kroll Bond Rating Agency, LLC

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI
Release Versions
English
Hashtags
#creditratingagency
#creditratings
#financialmarkets
#fixedincome
#kbra
#kbraratings
#kbraresearch
#ratingagency
#structuredfinance

Contacts

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

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

KBRA Assigns Preliminary Ratings to Deephaven Residential Mortgage Trust 2026-INV2 (DRMT 2026-INV2)

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from Deephaven Residential Mortgage Trust 2026-INV2 (DRMT 2026-INV2). The DRMT 2026-INV2 mortgage loans are secured by first liens on non-owner occupied (NOO) investor properties. All the loans in the pool are exempt from the ATR/QM rule due to being originated for business purposes. As of the cut-off date, the pool comprises 1,130 primarily fixed-rate (99.4%) residential mortgage loans seasoned a...

KBRA Assigns AA- Rating to City of Austin, TX Airport System Revenue and Refunding Bonds, Series 2026A (Non-AMT) and Series 2026B (AMT); Affirms Rating for Outstanding Airport System Revenue Bonds

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA- to the City of Austin, TX Airport System Revenue and Refunding Bonds, Series 2026A (Non-AMT) and Airport System Revenue and Refunding Bonds, Series 2026B (AMT). KBRA additionally affirms the long-term rating of AA- for the City's outstanding Airport System Revenue Bonds. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Established enplaned...

KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-2 & Pagaya AI Debt Trust 2026-2 (collectively “PAID 2026-2”), an unsecured consumer loan ABS transaction. PAID 2026-2 has initial hard credit enhancement levels of 80.36% for the Class A-1 Notes to 4.03% for the Class F-2 Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F-2 Notes), cash reserve accounts funded at c...
Back to Newsroom