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Ratings Cut To 'BBB+' On Seven Classes From Seven CVS Corp.-Related CMBS Deals; Off Watch Neg Product Image

Ratings Cut To 'BBB+' On Seven Classes From Seven CVS Corp.-Related CMBS Deals; Off Watch Neg

  • ID: 1721111
  • April 2006
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
NEW YORK (Standard & Poor's) April 25, 2006--Standard & Poor's Ratings Services today lowered its ratings on seven classes of certificates from seven CVS Corp.-related CMBS transactions and removed them from CreditWatch with negative implications, where they were placed Jan. 23, 2006 (see list). Credit tenant lease loans secured by properties leased to CVS Corp. (BBB+/Stable/A-2) collateralize these READ MORE >

CVS Credit Lease Backed Pass-Through Certificates,CVS Caremark Corp.,CVS Lease Pass-Through Trust 2001,CVS Lease Pass-Through Trust 2002,CVS Pass-Through Certificates,CVS Lease Pass-Through Trust 2003,CVS Lease Pass-Through Trust 2005

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