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

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.

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