Understanding Ratings

Other

Not Rated

NR - KBRA has not assigned a rating to the obligation, program or issuer.

Withdrawn

WR - KBRA has withdrawn the rating of a previously rated obligation, program or issuer. This rating action may be linked to the full repayment of a security, maturity of an obligation, or some other event.

A downloadable version of our Rating Scales and Services can be accessed here.