KCP Credit Analysis Now Available on the Bloomberg Terminal
28 Marzo 2024 - 7:47AM
Business Wire
KBRA Credit Profile (KCP), an industry-leading monthly
surveillance platform covering more than 1,300 commercial real
estate (CRE) securitizations including collateralized loan
obligations (CLOs), is pleased to announce that KCP’s proprietary,
deal-level statistics are now available on the Bloomberg
Terminal.
In addition, mutual KCP and Bloomberg customers that are
entitled by KBRA may access in-depth commentaries and scenarios,
enhancing Bloomberg Terminal workflow solutions and providing
commercial mortgage-backed securities (CMBS) investors with the
latest analysis on CRE collateral. Entitled users may now compare
loss-adjusted yields across KCP’s six loss scenarios, incorporating
thousands of loan and deal loss assumptions, through Bloomberg
analytics solutions including Super Yield Table {SYT<GO>}. In
addition, these users may access KCP’s overview of deal credit
concerns from Bloomberg’s comprehensive CMBS loan description tools
like Loan Description {LDES<GO>}, which help investors gain
insights with KCP’s detailed analyst commentary, loss projections,
valuations, and valuation assumptions.
The enhanced credit analysis on the Bloomberg Terminal builds on
KCP's work with Bloomberg's premier evaluated pricing service,
BVAL, which incorporates KCP information into its daily pricing
snapshots to provide the highest quality pricing on
difficult-to-price securities.
Russel Parentela, Global Head of Securitized Products at
Bloomberg, said: “The universe of real estate investors and
assets continues to expand, and market participants dealing with
commercial real estate securities are debating how macro drivers
like monetary policy may unfold. As this market continues to
develop, investors will need fixed income securitized product
workflow and analytical tools for commercial real estate securities
and our relationship with KCP significantly enhances what’s
available on the Bloomberg Terminal.”
KCP provides monthly, in-depth credit analysis for CRE
securitizations like conduit, single asset single borrower (SASB),
Freddie Mac multifamily securities (FREMF) and CRE CLOs. KCP is
powered by a team of over 40 CRE experts who produce detailed deal-
and loan-level commentary and deliver an array of valuations and
loss scenarios.
Kate Kennedy, Senior Managing Director at KRBA, said:
“KBRA Analytics is thrilled to now offer its KCP product’s timely
and best-in-class CRE analysis and research on the Bloomberg
Terminal. The availability of KCP data on the Bloomberg Terminal
will facilitate our clients’ access to our critical insights on
CMBS loan performance, valuation trends, and loss scenarios.”
About KBRA Analytics
KBRA Analytics, LLC is our premier product platform for high
quality data and advanced analytics. Our seasoned teams of industry
specialists across each product provide unparalleled insight
creating a foundation of deeper analysis and rapid discovery for
users. KBRA Analytics is an affiliate of Kroll Bond Rating Agency,
LLC (KBRA). KBRA is a full-service credit rating agency registered
in the U.S., with credit rating affiliates registered in the EU and
UK.
About Bloomberg
Bloomberg is a global leader in business and financial
information, delivering trusted data, news, and insights that bring
transparency, efficiency, and fairness to markets. The company
helps connect influential communities across the global financial
ecosystem via reliable technology solutions that enable our
customers to make more informed decisions and foster better
collaboration. For more information, visit Bloomberg.com/company or
request a demo.
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version on businesswire.com: https://www.businesswire.com/news/home/20240328324779/en/
Sales Marc Iadonisi, Managing Director +1 215-882-5877
marc.iadonisi@kbra.com