KBRA Releases Data Compendium Ahead of Structured Finance Virtual Conference

Christel Deskins

NEW YORK–(BUSINESS WIRE)–Sep 15, 2020– Kroll Bond Rating Agency (KBRA) releases a Data Compendium ahead of its Structured Finance Virtual Conference: Credit & COVID-19–Is the Worst Behind Us?, to be held on September 22-23, 2020. More than five months have passed since the pandemic took hold in the U.S., leading […]

NEW YORK–(BUSINESS WIRE)–Sep 15, 2020–

Kroll Bond Rating Agency (KBRA) releases a Data Compendium ahead of its Structured Finance Virtual Conference: Credit & COVID-19–Is the Worst Behind Us?, to be held on September 22-23, 2020.

More than five months have passed since the pandemic took hold in the U.S., leading to meaningful economic disruption throughout the country. The impact on structured finance (SF) credit has varied by asset class but has generally resulted in numerous ratings Watch Placements and downgrades across KBRA’s rated structured finance universe. Currently, KBRA has 805 SF ratings on Watch Downgrade or Developing, and the ratings of 293 securities were lowered between March 1 and September 1.

As in previous KBRA webinars, we invite you to join the discussion as our analysts meet with industry veterans to discuss their insights on the SF landscape and where the markets go from here. We hope you find the accompanying Data Compendium useful and invite any feedback.

Click here to view the report.

About KBRA and KBRA Europe

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200915005928/en/

CONTACT: Analytical

Brian Ford, CFA

Head of Structured Finance Research

+1 (646) 731-2329

[email protected]

Eric Thompson

Global Head of Structured Finance Ratings

+1 (646) 731-2355

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES INSURANCE FINANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2020.

PUB: 09/15/2020 10:24 AM/DISC: 09/15/2020 10:24 AM

http://www.businesswire.com/news/home/20200915005928/en

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