• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
CBA Commercial Assets Series 2005-1 Class M-2 Rating Lowered To 'D (sf)' Dec 11 Product Image

CBA Commercial Assets Series 2005-1 Class M-2 Rating Lowered To 'D (sf)' Dec 11

  • Published: December 2011
  • Standard & Poors

Abstract
OVERVIEW We lowered our rating to 'D (sf)' on the class M-2 CMBS certificate from CBA Commercial Assets' series 2005-1, a U.S. CMBS transaction, reflecting a $1,234,968 principal loss. NEW YORK (Standard & Poor's) Dec. 9, 2011--Standard & Poor's Ratings Services today lowered its rating to 'D (sf)' on the class M-2 commercial mortgage pass-through certificates from CBA Commercial Assets 2005-1, a U.S. commercial mortgage backed securities (CMBS) transaction. The downgrade of the class M-2 certificate to 'D (sf)' reflects a $1,234,968 principal loss, 21.9% to the outstanding principal balance. The current outstanding principal balance for class M-2 as of the Nov. 25, 2011, remittance report is $4,405,031. In addition, the class M-3 certificate also experienced a principal loss. The...

Companies mentioned in this report are: CBA Commercial Assets 2005-1
Action: Downgraded

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 READ MORE >

CBA Commercial Assets 2005-1

Note: Product cover images may vary from those shown

RELATED PRODUCTS