NEW YORK--(BUSINESS WIRE)--KBRA releases its Equipment Loan & Lease indices for January.
January remittance reports showed mixed credit readings across securitized equipment loan and lease pools during the December collection period. Annualized net losses in KBRA’s headline Equipment Loan & Lease Index remained in positive territory for the second straight month, coming in at 0.09%—up 4 basis points (bps) month-over-month (MoM), but flat to year-ago levels.
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KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.