NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes issued by Welk Resorts 2015-A (“Welk 2015-A”), a timeshare ABS transaction. Welk 2015-A is expected to be collateralized by approximately $105 million of timeshare loan receivables at closing compared to an expected collateral balance of approximately $135 million after completion of the prefunding period. The prefunding feature allows up to $30 million (22%) of the collateral pool to
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