Press Release|Funds

KBRA Releases Surveillance Report for the Rating Assigned to BNP Paribas' Participation in a Capital Call Facility to Various Partnerships Managed by Advent International

21 Nov 2023   |   London


On 27 September 2023, KBRA UK (KBRA) affirmed the A rating assigned to BNP Paribas' participation in a capital call facility in the form of a multi-currency revolving credit agreement (the "Facility") to five funds (the "Funds") managed by Advent International (the "Manager"). The Facility is provided by a consortium of lenders including BNP Paribas (the "Lender"). The Outlook for the rating is Stable.

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: 1002737

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