-

KBRA Releases 12 Things in Credit: August 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 risk concentrations worth considering, a deeper dive into the retail sales report, and economic lines of defense against slowdown.

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.

Recent 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: 1011600

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 Assigns AA- Rating to Miami-Dade County, FL Aviation Revenue Refunding Bonds; Outlook Positive

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term AA- rating to Miami-Dade County (the County), Florida, Aviation Revenue Refunding Bonds, Series 2026A (AMT) and Aviation Revenue Refunding Bonds Series 2026B (Non-AMT) issued for Miami International Airport (MIA). Concurrently, KBRA affirms the AA- rating on the County's approximately $5.1 billion Aviation Revenue Bonds outstanding. The Outlook remains Positive. Proceeds of the Series 2026 Bonds will be used to refund certain outstanding Aviat...

KBRA Assigns AAA Rating to State of Maryland General Obligation Bonds, State and Local Facilities Loan of 2026, First Series Tax-Exempt Bonds (Competitive); Affirms Rating for Parity Bonds

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AAA to the State of Maryland General Obligation Bonds, State and Local Facilities Loan of 2026, First Series Tax-Exempt Bonds (Competitive) and affirms the long-term rating of AAA for the State's outstanding General Obligation Bonds. The rating Outlook is Stable. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives Inherent strength and breadth of the State GO payment pledge E...

KBRA Credit Ratings to Be Included in Bloomberg CMBS Index Methodology

NEW YORK--(BUSINESS WIRE)--KBRA today announced that its credit ratings will be incorporated into Bloomberg Index Services Limited’s CMBS index rating methodology, effective with the June 2026 month-end index rebalance. The Bloomberg CMBS index is a widely followed benchmark used by institutional investors to track the performance of U.S. commercial mortgage-backed securities and support portfolio construction, risk management, and relative value analysis. The index includes more than 2,300 sec...
Back to Newsroom