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Three Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6 Ratings Raised; Seven Others Affirmed Feb 12

Standard & Poors, February 2012

Abstract
OVERVIEW We raised our ratings on three classes from Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6, a U.S. CMBS transaction. In addition, we affirmed our ratings on seven other classes from the same transaction. The raised ratings reflect increased credit enhancement levels due to the deleveraging of the pool balance. NEW YORK (Standard & Poor's) Feb. 3, 2012--Standard & Poor's Ratings Services today raised its ratings on three classes of commercial mortgage pass-through certificates from Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6, a U.S. commercial mortgage-backed securities (CMBS) transaction. In addition, we affirmed our ratings on seven other classes from the same transaction (see list). Our rating actions follow our analysis of the transaction primarily using our U.S. conduit/fusion CMBS...

Companies mentioned in this report are: Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6
Action: Affirmed
Action: Upgraded

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.

Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6

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