Kroll Bond Rating Agency (KBRA) has relocated its New York office in order to accommodate rapid growth.
The new office in New York, at 805 Third Avenue in Midtown East, will occupy three floors and expand into another floor early next year to support its long-term growth strategy.
The relocation comes just 11 months after the global credit ratings agency expanded into Europe with an office in Dublin.
Since its inception in 2011, KBRA has rated over 1,661 issuers/transactions and now employs more than 300 people in its New York, Pennsylvania and Maryland offices.
Jim Nadler, president and CEO of KBRA, said the expansion was a significant milestone for the company.
He commented: “[It] is an exciting time for employees and clients who will benefit as the new office space will allow us to expand our core teams to support the growth we’ve experienced over the past eight years.”
“This move represents our commitment to continue to build on the success the market has come to rely on.”
