94 Ratings Withdrawn On 38 U.S. CMBS Transactions Following Balance Repayment Or Reduction Dec 11
Standard & Poors, December 2011
Abstract
OVERVIEW We withdrew our ratings on 94 securities from 38 U.S. CMBS transactions. We withdrew our ratings on 80 securities following the repayment of each class' principal balance, as noted in the respective trustee remittance reports. Additionally, we withdrew our ratings on six IO classes following the reduction of each class' notional balance, as noted in the respective trustee remittance reports. We also withdrew our ratings on seven additional IO classes following the repayment of all principal and interest paying classes rated 'AA- (sf)' or higher from the respective CMBS transactions. Lastly, we withdrew our 'D (sf)' rating on one class from one transaction following the repayment of all classes not rated 'D (sf)'. NEW YORK (Standard & Poor's) Dec....
Action: Withdrawn
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