Furniture, electronics and appliance retailer Conn’s is marketing another $469.83 million of bonds backed by subprime consumer loan receivables.

Conn’s Receivable Funding 2017-A will issue three tranches of notes with preliminary ratings from Fitch Ratings and Kroll Bond Rating Agency: $313.12 million of Class A notes are rated BBB/BBB, $106.27 million of Class B notes are rated BB/BB- and $50.34 million of Class C notes are rated B-/B-. There is also an unrated tranche of notes to be retained in order to comply with risk retention.

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