KBRA Releases Equipment Loan & Lease Indices for June 2021
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases its Equipment Loan & Lease indices for June 2021.
June remittance reports showed that securitized equipment loan and lease credit performance remained relatively stable during the May collection period. KBRA’s headline Equipment Loan & Lease Index posted an annualized net loss rate of 0.03%, up 12 basis points (bps) month-over-month (MoM) but down 47 bps year-over-year (YoY). Meanwhile, the percentage of payments 60+ days past due came in at 0.60%, an increase of 7 bps versus the previous month but a decline of 57 bps compared with year-ago levels.
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About KBRA
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.
Contacts
Analytical Contacts
Brian Ford, CFA, Senior Director
Structured Finance Research
+1 (646) 731-2329
[email protected]
Joanne DeSimone, Senior Director
ABS Commercial
+1 (646) 731-2306
[email protected]
Andrew Ye, Senior Analyst
Structured Finance Research
+1 (646) 731-1232
[email protected]
Business Development Contact
Ted Burbage, Managing Director
+1 (646) 731-3325
[email protected]
