top of page

S&P Raises Hana SBL Loan Trust 2016-1 Rating to AA

  • PR
  • Mar 5, 2019
  • 1 min read

Updated: Jun 7, 2019

LOS ANGELES--(BUSINESS WIRE)--Hana Financial announced today that Standard & Poor’s (S&P) raised the credit rating on Hana SBL Loan Trust 2016-1 from ‘A- (sf)’ to ‘AA (sf)’. The rating improvement is indicative of Hana Financial’s origination of high-quality SBA 7(a) loans and diversification in its loan portfolio.


Hana SBL Loan Trust 2016-1 is an asset-backed securities (ABS) transaction collateralized primarily by a pool of unguaranteed U.S. Small Business Administration’s Section 7(a) loans originated by Hana Small Business Lending, Inc. (“HSBL”), a wholly-owned subsidiary of Hana Financial, Inc. HSBL has successfully securitized the unguaranteed portion of the SBA 7(a) loans in 2012, 2014 and 2016. Hana SBL Loan Trust 2016-1 is the only currently outstanding securitization trust for HSBL with the first two securitization trusts successfully paid off.


Contacts: Sunnie Kim

President and CEO

Hana Financial, Inc.

Recent Posts

See All

Commentaires


Les commentaires sur ce post ne sont plus acceptés. Contactez le propriétaire pour plus d'informations.
bottom of page