Press Release|Funds

KBRA Releases Report Assigning Ratings to the Class A Notes, Class B Notes and Class C Notes Issued by Binney Park Capital, LLC

26 Dec 2023   |   New York


On December 21, 2023, KBRA assigned ratings to the Class A Notes, Class B Notes and Class C Notes issued by Binney Park Capital, LLC. The $989.1 million of Rated Notes and unrated Subordinated Notes are indirectly backed by limited partnership (LP) interests in private capital funds. In aggregate, the collateral consists of 16 unique seasoned funds managed by 14 unique general partners. Proceeds from the transaction will be used to purchase the LP interests, service future capital calls, fund the interest reserve account and cover initial transaction costs.

To access rating and relevant documents, click here.

Click here to view the report.

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.

Doc ID: 1002930

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