- Language: English
- 69 Pages
- Published: July 2012
- Region: United States
Ratings On Four Classes Of JLOC41 LLC Lowered, Off CreditWatch Negative
- Published: October 2010
- 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
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OVERVIEW JLOC 41 LLC is a multiborrower commercial mortgage-backed securities (CMBS) transaction arranged by Morgan Stanley Japan Securities Co. Ltd. We have lowered our assumption with respect to the likely collection amount from the three properties backing one of the transaction's underlying loans. We have lowered the ratings on the class A, B, C-2, and D-2 notes and removed them from CreditWatch with negative implications. At the same time, we have affirmed the rating on the class D-1. TOKYO (Standard & Poor's) Oct. 29, 2010--Standard & Poor's Ratings Services today lowered its ratings on the class A, B, C-2, and D-2 floating-rate notes issued under the JLOC 41 LLC transaction and removed them from CreditWatch with negative implications, where they...
Companies mentioned in this report are: JLOC 41 LLC.
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JLOC 41 LLC.
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