Bulletin: Ratings Unchanged In Epic (Caspar) PLC CMBS Transaction After Review Mar 07
- ID: 2026696
- March 2007
- Standard & Poors
LONDON (Standard & Poor's) March 27, 2007Standard & Poor's Ratings Services said today that following a review of the Epic (Caspar) PLC transaction based on the January 2007 servicer's report released by Hatfield Phillips International Ltd., there are no changes to the ratings on the notes (see list below). "Our review shows that the transaction's performance is stable and that no rating action is warranted at this time," said credit analyst Carla Powell. The transaction, which closed on Oct. 6, 2004, was originated by The Royal Bank of Scotland PLC (RBS). The £532.15 million commercial mortgage-backed floating-rate notes are backed by a single loan originally secured on 61 properties within the U.K. The loan matures in July 2012 and the...
Companies mentioned in this report are:
- The Royal Bank of Scotland PLC
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