NEW YORK–(Business Wire)–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.
Brian Ford, CFA
Head of Structured Finance Research
+1 (646) 731-2329
Global Head of Structured Finance Ratings
+1 (646) 731-2355