KBRA Assigns Preliminary Ratings to Monroe Capital ABS Funding III, LP

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by Monroe Capital ABS Funding III, LP ("MCAF III†), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. MCAF III is a $485.0 million securitization managed by Monroe BDC Advisors, LLC ("Monroe†or the "Collateral Manager†), an affiliate of Monroe Capital LLC. The securitization consists of $310.4 million of Class A notes, $53.35 million of Class B n ...