{"id":23441,"date":"2026-06-19T01:52:00","date_gmt":"2026-06-18T23:52:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=f6bab660042d3ce640c2661b5dbff4d7"},"modified":"2026-06-19T01:52:00","modified_gmt":"2026-06-18T23:52:00","slug":"kbra-assigns-preliminary-ratings-to-goto-foods-funding-llc-and-jamba-juice-funding-llc-series-2026-1","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=23441","title":{"rendered":"KBRA Assigns Preliminary Ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA assigns preliminary ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1 (GoTo Foods 2026-1) Class A-1 VFN and Class A-2 Notes, a whole business securitization (WBS). The rating actions follow KBRA\u2019s analysis which indicates that existing credit enhancement for the notes and cash flows are sufficient to support the ratings following the issuance of the Series 2026- 1.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618531748\/en\/2835287\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618531748\/en\/2835287\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260618531748\/en\/2835287\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260618531748\/en\/2835287\/21\/kbra-logo.jpg\" \/><\/a><p>\nIn conjunction with the issuance of the Series 2026-1 Notes, the Series 2017-1 Class A-2-II, Series 2022-1 Class A-1 and Series 2023-1 Class A-1 Notes are expected to be repaid, at which time, KBRA expects to withdraw the ratings. KBRA also anticipates affirming the ratings on the Co-Issuer\u2019s outstanding Series 2022-1 A-2, Series 2023-2 Class A-2, and Series 2024-1 A-2 Notes.<\/p><p>\nGoTo Foods is a multi-brand restaurant platform consisting of seven brands: Auntie Anne\u2019s, Carvel, Cinnabon, Jamba, McAlister\u2019s Deli, Moe\u2019s Southwest Grill and Schlotzsky\u2019s, with offerings diversified across snacks, baked goods, frozen desserts, smoothies, deli and Mexican-inspired concepts. The securitized system includes approximately 7,200 locations across all 50 U.S. states and 71 countries and territories. As of the last twelve months (LTM) ended March 29, 2026, the system was approximately 98% franchised by unit count and generated approximately $4.1 billion in system-wide sales (SWS).<\/p><p>\nTo access ratings and relevant documents, click <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69165%2Fratings&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=630d04c5816b2cbfe1e53e4cebc07373\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nClick <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FPhRFZfjV%2Fgoto-foods-funding-llc-and-jamba-juice-funding-llc-series-2026-1-pre-sale-report%3F&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=8cc339d224c797ebf6f4446e9f1f1244\" rel=\"nofollow\" shape=\"rect\">here<\/a> to view the report.<\/p><p>\n<strong>Methodologies<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FHpFJmjxx&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=ABS%3A+Whole+Business+Securitization+%28WBS%29+ABS+Global+Rating+Methodology&amp;index=3&amp;md5=6accbfa3022128807856139058d1ed97\" rel=\"nofollow\" shape=\"rect\">ABS: Whole Business Securitization (WBS) ABS Global Rating Methodology<\/a><\/li>\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FRjVgkPtk&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=Structured+Finance%3A+Global+Structured+Finance+Counterparty+Methodology&amp;index=4&amp;md5=c385db823740e65af190fba66e96be65\" rel=\"nofollow\" shape=\"rect\">Structured Finance: Global Structured Finance Counterparty Methodology<\/a><\/li>\n<\/ul><p>\n<strong>Disclosures<\/strong><\/p><p>\nFurther information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FJZRHwTBd%2F&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=ESG+factors&amp;index=5&amp;md5=5b5b16166a2d0fbf9b56ca87ab990b8e\" rel=\"nofollow\" shape=\"rect\">ESG factors<\/a> (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.<\/p><p>\nA description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Ftransaction%2F69165%2Fdisclosures&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=here&amp;index=6&amp;md5=e2cba1dde2b889ed4fa9063077d2c82a\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nInformation on the meaning of each rating category can be located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Funderstanding-ratings%2Frating-scales%2Flong-term-credit-rating&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=here&amp;index=7&amp;md5=df1ebe4158ebf97478ee26463131af15\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nFurther disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com&amp;esheet=54556931&amp;newsitemid=20260618531748&amp;lan=en-US&amp;anchor=www.kbra.com&amp;index=8&amp;md5=7ee3a107aede9dd6725026f8d22a515c\" rel=\"nofollow\" shape=\"rect\">www.kbra.com<\/a>.<\/p><p>\n<strong>About KBRA<\/strong><\/p><p>\nKroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan\u2019s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.<\/p><p>\nDoc ID: 1015650<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<strong>Analytical Contacts<\/strong><\/p><p>\nMatthew Howard, Director (Lead Analyst)\n<br\/>+1 312-680-4178\n<br\/><a  href=\"mailto:matthew.howard@kbra.com\" rel=\"nofollow\" shape=\"rect\">matthew.howard@kbra.com<\/a><\/p><p>\nJosh Carter, Associate Director\n<br\/>+1 312-680-4195\n<br\/><a  href=\"mailto:josh.carter@kbra.com\" rel=\"nofollow\" shape=\"rect\">josh.carter@kbra.com<\/a><\/p><p>\nXilun Chen, Managing Director\n<br\/>+1 646-731-2431\n<br\/><a  href=\"mailto:xilun.chen@kbra.com\" rel=\"nofollow\" shape=\"rect\">xilun.chen@kbra.com<\/a><\/p><p>\nKenneth Martens, Managing Director (Rating Committee Chair)\n<br\/>+1 646-731-3373\n<br\/><a  href=\"mailto:kenneth.martens@kbra.com\" rel=\"nofollow\" shape=\"rect\">kenneth.martens@kbra.com<\/a><\/p><p>\n<strong>Business Development Contact<\/strong><\/p><p>\nArielle Smelkinson, Senior Director\n<br\/>+1 646-731-2369\n<br\/><a  href=\"mailto:arielle.smelkinson@kbra.com\" rel=\"nofollow\" shape=\"rect\">arielle.smelkinson@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA assigns preliminary ratings to GoTo Foods Funding LLC and Jamba Juice Funding LLC, Series 2026-1 (GoTo Foods 2026-1) Class A-1 VFN and Class A-2 Notes, a whole business securitization (WBS). The rati&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23441","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23441"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23441\/revisions"}],"predecessor-version":[{"id":23442,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/23441\/revisions\/23442"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}