KBRA Assigns Preliminary Ratings to Purchasing Power Funding 2024-A, LLC

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by Purchasing Power Funding 2024-A, LLC (“PPF 2024-A”), a $200.36 million consumer installment receivable ABS transaction. PPF 2024-A is a revolving ABS securitization with an initial collateral balance of approximately $227.3 million and is collateralized by a pool of retail installment sales contracts (“Receivables”) originated by Purchasing Power, LLC (the “Company” or “Purchasing Power”). Founded in