KBRA Assigns Rating to Oban Cards 2021-1 PLC
Press release content from Business Wire. The AP news staff was not involved in its creation. KBRA Assigns Rating to Oban Cards 2021-1 PLC January 28, 2021 GMT LONDON--(BUSINESS WIRE)--Jan 28, 2021-- Kroll Bond Rating Agency UK Limited (KBRA) assigns a rating to the Series 2021-1 Class A Notes relating to the Oban Card 2021-1 PLC transaction, a £451.3 million securitisation of United Kingdom (“UK”) non-prime credit card receivables originated by Vanquis Bank Limited (“Vanquis Bank”). Vanquis Bank offers a range of credit card products, unsecured personal loans and savings products. V...