DUBLIN--(BUSINESS WIRE)-- #creditratingagency--KBRA Europe (KBRA) assigns preliminary ratings to six classes of notes issued by Golden Ray S.A., acting with respect to its Compartment 1, a €240.0 million German residential solar instalment purchase ABS transaction. Credit enhancement consists of subordination, excess spread and a reserve account. Additionally, the Class A1 notes will benefit from a payment guarantee from the European Investment Fund in relation to timely payment of interest and ultimate payment of p...
Read the full news release here
