-

KBRA Analytics Launches Private Credit Benchmarking on Credit Intelligence Platform

NEW YORK--(BUSINESS WIRE)--KBRA Analytics, a leading provider of data, financial information, and credit analysis solutions, today announced the launch of Private Credit Benchmarking on its Credit Intelligence platform, delivering the market’s first borrower-level benchmarking solution built entirely on analyst-adjusted financial data. The product directly addresses one of the private credit market’s information gaps: the inability to make objective comparable assessments across middle-market borrowers.

Private credit has grown into a multi-trillion-dollar asset class, yet market participants have lacked a reliable framework to assess how individual borrowers perform relative to their true peers. KBRA Analytics’ benchmarks are built on a dataset of more than 4,000 unique middle-market borrowers, incorporating nearly 300,000 analyst-adjusted financial data points derived from KBRA’s experience evaluating more than $1.3 trillion in private credit debt issuance. The result is a standardized, normalized view of leverage, interest coverage, profitability, revenue growth and other key credit metrics, which can be filtered by industry, borrower size, and segment.

Unlike competing approaches that rely on fund-level aggregates or “as-reported” company financials, KBRA Analytics’ benchmarks reflect the same analytical rigor applied in the KBRA credit assessment process. This enables general partners, lenders, and other market participants to assess relative credit positioning across a truly comparable peer universe, rather than a proxy.

“Private credit markets have matured dramatically but are still opaque,” said Kate Kennedy, Chief Corporate Strategy Officer at KBRA. “Our benchmarks address this gap. By delivering data from thousands of borrowers, we are providing market participants with the foundation needed to underwrite with greater confidence, monitor portfolios with greater precision, and communicate credit positioning to investors more clearly.”

Private Credit Benchmarking is available directly within Credit Intelligence alongside KBRA credit opinions. Users can incorporate benchmarking for internal credit committees and investor reporting, enabling a more integrated workflow from analysis to presentation.

The launch expands Credit Intelligence, KBRA Analytics’ platform designed to provide transparency into private credit markets. The enhanced platform delivers a comprehensive private credit analysis solution, combining benchmarking, proprietary borrower-level data, credit assessments, and reporting within a single environment.

For more information, please visit: https://www.kbra.com/analytics/products/credit-intelligence

About KBRA Analytics

KBRA Analytics, LLC (KBRA Analytics) is our premier product platform for high-quality data and advanced analytics. Our seasoned teams of industry specialists across each product provide unparalleled insight creating a foundation of deeper analysis and rapid discovery for users. KBRA Analytics is an affiliate of Kroll Bond Rating Agency, LLC (KBRA). KBRA is a full-service credit rating agency registered in the U.S., designated to provide ratings in Canada, and with credit rating affiliates registered in the EU and UK. KBRA Analytics is a portfolio company of Parthenon Capital.

Contacts

Media

Adam Tempkin, Senior Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

KBRA Analytics, LLC

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

Release Versions
Hashtags

Contacts

Media

Adam Tempkin, Senior Director of Communications
+1 646-731-1347
adam.tempkin@kbra.com

More News From KBRA Analytics, LLC

KBRA Assigns Preliminary Ratings to PRKCM 2026-AFC4 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes issued by PRKCM 2026-AFC4 Trust, a $344.0 million non-prime RMBS transaction. The underlying collateral consists of 835 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) representing 95.9% and 4.1% 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 BX 2026-ORBT

NEW YORK--(BUSINESS WIRE)--KBRA announces the assignment of preliminary ratings to three classes of BX 2026-ORBT, a CMBS single-borrower securitization. The collateral for the transaction is a $1.4 billion floating rate, interest-only mortgage loan. The loan is expected to have an initial two-year term with three, one-year extension options and require monthly interest-only payments. The loan will be secured by the borrower’s fee simple and leasehold interests in 84 industrial assets. In total,...

KBRA Assigns Preliminary Ratings to OBX 2026-NQM9 Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM9 Trust, a $1.01 billion non-prime RMBS transaction. The underlying collateral, comprising 1,841 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 92.8% and 7.2% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 42.7%) or exempt (47.5%) from the Ability-to-Repay/Q...
Back to Newsroom