LONDON–(BUSINESS WIRE)– #creditratingagency–KBRA UK (KBRA) assigns preliminary ratings to seven classes of notes to be issued by Anchor ABS 2026-1 PLC (Anchor 2026-1), a UK consumer loan ABS backed by a static pool of unsecured, fixed rate, fully amortising personal loans originated by Admiral Financial Services Limited (AFSL). Initial credit enhancement is provided through subordination of junior note classes and a liquidity reserve sized at 1.25% of the Class A and Class B notes balance. The transaction also be