KBRA Assigns Preliminary Ratings to Driven Brands Funding LLC, Series 2025-1 Senior Secured Notes

(NASDAQ:DRVN) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to one class of notes from Driven Brands Funding LLC, Series 2025-1 (Driven 2025-1 or Series 2025-1). In conjunction with the issuance of the Series 2025-1 Notes, the Series 2019-1 Class A-2 Notes and Series 2022-1 Class A-2 Notes are expected to be repaid at which time KBRA will withdraw the ratings. At that time, KBRA also anticipates affirming the ratings on the Issuer’s outstanding notes (the Existing Notes and, together with the S