GE Commercial Mortgage Corp. Series 2003-C1 Ratings Lowered On Four Classes; 11 Ratings Affirmed Feb 12
- Language: English
- Published: February 2012
OVERVIEW We raised our ratings on four classes from GE Capital Commercial Mortgage Corp.'s series 2002-3, a U.S. CMBS transaction. In addition, we affirmed our ratings on eight other classes from the same transaction. Our rating actions reflect our analysis of the transaction primarily using our U.S. conduit/fusion CMBS criteria, the transaction structure, as well as the liquidity available to the trust. The upgrades further reflect increased credit enhancement levels due to the deleveraging of the pool. NEW YORK (Standard & Poor's) Sept. 23, 2011--Standard & Poor's Ratings Services today raised its ratings on four classes of commercial mortgage pass-through certificates from GE Capital Commercial Mortgage Corp.'s series 2002-3, a U.S. commercial mortgage-backed securities (CMBS) transaction. In addition, we affirmed...
Companies mentioned in this report are: GE Capital Commercial Mortgage Corp.
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