NEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) releases its 2021 Structured Credit Industry Outlook, which discusses recent trends in structured credit, the themes of leveraged lending and corporate lending, and factors that may affect affect the performance of structured credit next year.
As we continue to look down on one of the most uncertain times of the past decade, KBRA believes it is important to look ahead, reflect on the lessons learned from a difficult year, and recognize the uncertainties we still face. The performance of structured credit products and underlying business loans will continue to be affected by the economic fallout from new waves of COVID-19 infections and lockdowns, the likelihood of further rounds of stimulus, and the availability. , distribution and efficacy of a vaccine. In addition, all of the above factors will influence business income, interest coverage, and the shape and duration of the overall economic recovery.
In this report, KBRA highlights our issuance forecast for 2021 for US Broadly Syndicated Loan (BSL) and Mid-Market (MM) Guaranteed Loan Bonds (CLOs), European BSL CLOs, Refinancing Business American (CLO-R) and bank and insurance securitizations. Trust Preferred Securities Collateralized Debt Obligations (TruPS CDO).
We also provide a list of structured credit reports focused on recent news issues, presales, research and monitoring.
To view the report, click here.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the United States Securities and Exchange Commission as an NRSRO. In addition, KBRA is appointed as the designated rating agency by the Ontario Securities Commission for issuers of asset-backed securities to file a simplified prospectus or a shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a credit rating provider and is a credit rating agency (ARC) certified with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a rating agency. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.