-

KBRA Releases 12 Things in Credit: September 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 the significance of plunging consumer sentiment surveys, the read-across value of GM’s upbeat earnings release, and whether high profile credit deterioration signals a turn in the credit cycle.

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: 1012144

Contacts

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

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

KBRA Assigns Preliminary Ratings to Kinetic ABS Issuer LLC, Series 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to Kinetic ABS Issuer LLC, Series 2026-1 (Kinetic 2026-1), a communications infrastructure securitization (CIS) that is primarily collateralized by fiber network assets and related contracts. Kinetic 2026-1 represents Kinetic ABS Issuer, LLC (the Issuer's) first securitization. The transaction structure is a master trust, and as such, the indenture permits the issuance of additional classes and series of notes subject to certain condit...

KBRA Assigns Ratings to Nowcom, LLC

NEW YORK--(BUSINESS WIRE)--KBRA assigns an issuer rating of BBB- and senior secured debt rating of BBB- to Los Angeles, California-based Nowcom, LLC ("Nowcom" or "the company"). KBRA also assigns BBB- ratings to the company's $100 million senior secured notes due in July 2031. The Outlook for the ratings is Positive. Key Credit Considerations Nowcom is a leading provider of software and technology solutions to the U.S. independent auto dealer industry and its DealerCenter platform is used by 20...

KBRA Assigns Preliminary Ratings to Reach ABS Trust 2026-1

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to five classes of notes issued by Reach ABS Trust 2026-1 (“Reach 2026-1”), an unsecured consumer loan ABS transaction. Credit enhancement consists of overcollateralization, subordination of junior note classes (except for the Class E notes), a cash reserve account funded at closing, and excess spread. This transaction represents Reach Financial, LLC’s (“Reach”, the “Servicer” or the “Company”) first term ABS securitization in 2026 and...
Back to Newsroom