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Bulletin: Ratings Unchanged In DECO 10-Pan Europe 4 PLC's European CMBS Transaction Jan 08
Standard & Poors, Jan 2008
Abstract
LONDON (Standard & Poor's) Jan. 23, 2008-Standard & Poor's Ratings Services said today that, following a review of DECO 10-Pan Europe 4 PLC, there are no changes to the ratings on the notes (see list below). 'Our review, which was based on the data provided by Deutsche Bank AG up to and including October 2007, shows that the transaction's performance is stable and that no rating action is warranted at this time,' said credit analyst Toyin Ogunbiyi. The transaction closed in December 2006 and was originated by the London branch of Deutsche Bank. At closing, the -1,038.8 million of notes were backed by 14 loans secured by 426 office, multifamily, and retail properties in Germany, Switzerland, and The Netherlands. As...
Companies mentioned in this report are: DECO 10-Pan Europe 4 PLC,Deutsche Bank AG
Action: Bulletin
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 and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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