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Kroll Bond Rating Agency Releases EETC and Secured Aircraft Debt Rating MethodologyKroll Bond Rating Agency (KBRA) releases its Enhanced Equipment Trust Certificates and Secured Aircraft Debt Rating Methodology. This rating methodology reviews the key risk factors that KBRA considers in rating full-recourse secured aircraft-debt instruments issued by airlines and aircraft lessors. The rating of airlines and aircraft-leasing companies is covered by KBRA's General Corporate Rating Methodology, published November 15, 2013, and Finance Company Rating Methodology, published April 1, 2013, respectively. Non-recourse or asset-backed transactions backed by aircraft are covered in a separate methodology, Aviation ABS (News - Alert) Rating Methodology, published May 15, 2015. There are two corporate secured aircraft-debt types covered in this methodology:
Related Publications: KBRA's General Corporate Rating Methodology Finance Company Rating Methodology Aviation ABS Rating Methodology About Kroll Bond Rating Agency KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP). View source version on businesswire.com: http://www.businesswire.com/news/home/20150526006292/en/ |