KBRA published its latest BDC Ratings Compendium examining 2Q26 credit quality, NAV volatility, and leverage as credit stress became more visible while valuation pressures moderated.

Kroll Bond Rating Agency (KBRA) was founded in 2010 to restore trust in credit ratings by introducing higher standards of risk assessment and a commitment to transparency. As a full-service global rating agency, KBRA provides investors with timely, independent, and insightful research, delivering an alternative perspective that emphasizes accuracy, integrity, and excellence. KBRA provides the investment community with an alternative solution by delivering timely and in-depth research. KBRA is a full service global rating agency whose mission is to set a standard of excellence and integrity.