Kroll Bond Rating Agency

American Airlines Group, Inc. (NASDAQ: AAL) said Friday it will suspend 60% of its flight schedule in April and likely reduce capacity by 80% in May because of the coronavirus pandemic. The move follows domestic-network cutbacks this week by United Airlines Holdings, Inc. (NASDAQ: UAL) and Alaska...

Online loan provider LendingPoint said Wednesday that it successfully issued $177.85 million in notes backed by $187.22 million in direct-to-consumer loans. “We are very pleased that our first securitization received such an enthusiastic response from the ABS market,” LendingPoint...

Just a month after the LendingClub Corp (NYSE: LC) fiasco resulted in the termination of its CEO, the Wall Street Journal reported another online lender Social Finance Inc., or SoFi, is pitching potential investors to buy $380 million of securities backed by its unsecured consumer loans. The...