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Bulletin: Ratings Unchanged In U.K. CMBS Transaction DRACO (ECLIPSE 2005-4) PLC After Review Jul 07

  • ID: 2029973
  • July 2007
  • Region: United Kingdom, Great Britain
  • Standard & Poors
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LONDON (Standard & Poor's) July 9, 2007Standard & Poor's Ratings Services said today that following a review of the DRACO (ECLIPSE 2005-4) PLC transaction based on data provided by the servicer, Barclays Capital Mortgage Servicing Ltd., up to and including April 2007, 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 Esther Robinson Wild. The transaction was originated by Barclays Bank PLC and closed in December 2005. It was the fourth CMBS transaction to be launched by Barclays under its ECLIPSE conduit program. The notes were backed by five loans secured on 36 diverse...

Companies mentioned in this report are:
- Barclays Bank PLC

Action: Bulletin

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Research type: News
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- Barclays Bank PLC

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