Wealth & Finance Finance Awards 2015

www.wealthandfinance-intl.com 15 Bond Rating Agency of the Year - New York Company: Kroll Bond Rating Agency Website: www.krollbondratings.com Phone: 646.731.2348 Kroll Bond Rating Agency (KBRA) is a full service credit rating agency founded following the financial crisis to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate and transparent ratings. KBRA provides the investment community with an alternative solution to the big three rating agencies and delivers timely, in-depth research. KBRA was established in 2010 following the acquisition of L.A.C.E. Financial, a subscription rating-service company. In 2011, KBRA rated its first public transaction within the Commercial Mortgage Backed Securities (CMBS) market. As the company continued to grow, KBRA rated its first Asset Backed Securities (ABS) transaction and Residen- tial Mortgage Backed Securities (RMBS) transactions in 2012. KBRA also issued its first Public Finance rating on the State of Connecticut in 2012. The rapidly growing company has continued to thrive in both the Structured Finance and Public Finance markets and has subsequently become active in the Financial Institutions, Project Finance, and Corpo- rate Finance markets. Since inception, KBRA has rated over 650 transactions, or approximate- ly $400 billion in issuance. Over 200 of these transactions are rated solely by KBRA. The company has published more than 40 methodolo- gies and 190 research reports. Currently, KBRA has over 170 employ- ees and 3 offices in New York, NY, Dresher, PA, and Mount Airy, MD. KBRA has conducted over 500 one-on-one meetings with investors across the globe. 85% of investors have investment guidelines that allow the use of a KBRA rating. Investors have indicated that they find KBRA ratings reports to be more informative, transparent, and prompt than other rating agency reports. Asset Class Coverage: Structured Finance • ABS • CMBS • RMBS • SFR Project Finance • Power • Oil/Gas • Renewable Energy • Transportation Corporate Finance • Aviation • Shipping Public Finance • Airports • Cities • Counties • States • Special Tax • Towns Financial Institutions • Banks • BHC • BDC • Leasing • Specialty Finance Financial Guaranty • Bond Insurers Certifications: • Nationally Recognized Statistical Rating Organization (NRSRO) by the U.S. Securities & Exchange Commission • External Credit Assessment Institutions (ECAI) by the EUB • Accepted under Employee Retirement Income Security Act (ERISA) • Recognized by the USDA’s Rural Utilities Service (RUS) • Accepted by the Department of Energy (DOE) and Transportation Infrastructure and Innovation Act (TIFIA) • Credit Rating Provider (CRP) by the National Association of Insur- ance Commissioners (NAIC) Rankings: • Ranked 2nd in CMBS market in rated issues for 1H 2015 • Ranked 2nd in CMBS market for Conduit/Multi Borrower deals 1H 2015 • Ranked 3rd in Jumbo Prime RMBS market in rated issues for 2013 & 1H 2014 • Named 2015 Aviation Rating Agency of the Year by Global Trans- port Finance Products: KCP - Credit Profile Report In keeping consistent with KBRA’s core values to create new risk assessment standards and provide accurate credit analysis, the company launched its CMBS surveillance service in May 2014. The foundation of the product is to deliver a fresh perspective on monthly surveillance. This is accomplished by providing investors with a comprehensive and logical approach to CMBS analysis. The KCP platform is the only product utilizing a multi-valuation approach for CMBS collateral, providing full transparency of valuation assumptions and forecasting both default and resolution timing. SRS - Subscription Rating Service KBRA’s Subscription Rating Service is used by finance, risk, and treasury professionals to monitor the credit worthiness and financial soundness of institutions with whom they do business. Most SRS products and services are web-based and offered through the KBRA Monitor System, which is a customizable, online database containing data for US Bank, Savings & Loan, Credit Union, and Bank Holding Company Ratings.