Kroll Bond Rating Agency News and Credit Updates
KBRA affirms ratings on $939.2 million FREMF 2022-K750 CMBS deal
Stable performance in Freddie Mac's K-Deal multifamily securitization market is supporting rating continuity for FREMF 2022-K750. The $939.2 million CMBS transaction shows no delinquent or ...
KBRA outlines securitization, private credit trends from ABS East conference
Held in Miami Beach from October 18 to 21, ABS East 2026 highlights a structured finance market that remains cautiously constructive despite volatility in interest rates and spreads. The event ...
NewtekOne debt ratings published by KBRA as bank transition shapes outlook
NewtekOne is carrying stable long-term ratings as its shift toward a more deposit-funded banking model changes how it generates earnings and manages capital. KBRA also assigns a BBB- rating to the ...
Pennsbury Township AA rating affirmed on guaranteed revenue notes
Pennsbury Township in Pennsylvania retains a AA long-term rating with a Stable Outlook on its Guaranteed Revenue Notes as the municipality navigates operating pressure tied to rising fire ...
KBRA assigns preliminary ratings to BX 2026-PURE5 Canadian CMBS transaction
The BX 2026-PURE5 securitization packages a CAD 515.0 million interest-only mortgage loan backed by 21 industrial properties in Canada. The portfolio is concentrated in Ontario and Quebec and is ...
Upgrade Master Pass-Thru Trust assigned ratings for 2026 consumer loan ABS deal
Upgrade returns to the asset-backed securities market with its fifth term securitization of 2026, backed by a $215.0 million pool of consumer loans. The issuance totals about $167.48 million ...
PennyMac-backed PMT Loan Trust 2026-DSC1 receives preliminary KBRA ratings
PennyMac Corp.'s first debt-service coverage ratio residential mortgage-backed securities deal is moving into the ratings stage with a pool of rental property loans totaling $298.1 million. The ...
KBRA surveillance report highlights ABS performance trends across consumer credit sectors
Asset-backed securities market participants are monitoring collateral performance and risk conditions across several consumer credit segments. A new surveillance report reviews auto and equipment ...
KBRA upgrades one Service Experts note class, affirms six across issuer transactions
Service Experts securitizations continue to show performance that supports stable to improved credit ratings in KBRA's latest review. The agency says higher credit enhancement on one tranche ...
KBRA assigns AAA to New York dormitory authority PIT revenue bonds, affirms outstanding ratings
New York's upcoming Series 2026C personal income tax revenue bonds receive the highest long-term rating as the state maintains top-tier credit quality on its outstanding PIT-backed debt. The ...
KBRA assigns preliminary ratings to BSPDF 2026-FL6 CRE CLO
A new managed commercial real estate collateralized loan obligation is coming to market with reinvestment flexibility and built-in credit protection tests. BSPDF 2026-FL6 is initially backed by 47 ...
Angel Oak Mortgage Trust 2026-6 wins preliminary ratings for $250.6 million RMBS deal
A new non-prime residential mortgage-backed securities transaction is moving through the ratings process with a pool backed by 381 home loans. The $250.6 million Angel Oak Mortgage Trust 2026-6 ...
Cantor Fitzgerald notes win BBB rating from KBRA
Cantor Fitzgerald is refinancing part of its unsecured debt stack with a new $500 million senior notes issuance due in 2029. The BBB rating with a Stable Outlook supports funding for the privately ...
KBRA affirms Idaho Central Credit Union ratings with stable outlook
Idaho Central Credit Union retains its existing credit ratings as the Idaho lender continues to post solid profitability and low credit losses. The stable outlook reflects KBRA's view that steady ...
LV Trust surveillance report highlights CMBS loan monitoring trends
Commercial real estate debt investors are tracking loan performance and property-level conditions as surveillance remains central to risk assessment in the CMBS market. KBRA's LV Trust 2024 Show ...
KBRA affirms MSC Income Fund ratings with stable outlook
MSC Income Fund retains its BBB- issuer and senior unsecured debt ratings as it continues to reshape its portfolio after its 2025 NYSE listing. The Stable Outlook reflects support from diversified ...
Hilltop Securities highlights municipal finance scale in KBRA surveillance report
Hilltop Securities operates a national municipal-focused investment banking and broker-dealer platform from Dallas, with about 790 employees across 39 offices in 16 states. The firm’s business ...
SCF Equipment Leasing 2026-1 notes win KBRA ratings for $957.87 million equipment ABS
Stonebriar Commercial Finance’s latest equipment-backed securitization adds a new issuance to the U.S. ABS market with ratings assigned across eight note classes. The transaction covers a ...
KBRA expands CMBS surveillance coverage with PRM7 2025 report
Commercial mortgage-backed securities research remains a core tool for investors tracking property-level credit performance and securitization trends. KBRA’s PRM7 2025 surveillance report sits ...
KBRA affirms ABPCI Direct Lending Fund ABS I ratings on Class A, B notes
The affirmation keeps in place ratings on notes backed by a $300.0 million direct lending securitization managed by AB Private Credit Investors LLC. The review reflects July 2026 portfolio data ...
KBRA expands CMBS surveillance coverage with WFCM 2025-C65 report
Commercial real estate credit surveillance remains a core function in structured finance as investors track property performance, loan quality, and securitization trends. KBRA is positioning the ...
