KBRA Assigns Preliminary Ratings to Hardee's Funding LLC, Carl's Jr. Funding LLC

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to one class of notes from Hardee's Funding LLC, Carl's Jr. Funding LLC, Series 2024-1 (CKE 2024-1, or Series 2024-1 Notes) a whole business securitization (WBS). In conjunction with the issuance of Series 2024-1, KBRA expects to affirm the ratings on the Co-Issuers’ outstanding Series 2018-1 Class A-1 and A-2-III Notes, Series 2020-1 Class A-2 Notes and Series 2021-1 Class A-2 Notes (the Existing Notes and, together with the Series 20