Nationslink Funding Corp. 1998-2 Ratings Raised On Three Classes; One Rating Affirmed Mar 12
Standard & Poors, March 2012
Abstract
OVERVIEW We raised our ratings on three classes from Nationslink Funding Corp.'s series 1998-2, a U.S. CMBS transaction. In addition, we affirmed our rating on one other class from the same transaction. The upgrades reflect our analysis of the credit characteristics of the remaining collateral, increased credit enhancement levels, and the liquidity available to the trust. NEW YORK (Standard & Poor's) March 15, 2012--Standard & Poor's Ratings Services today raised its ratings on three classes of commercial mortgage pass-through certificates from Nationslink Funding Corp.'s series 1998-2, a U.S. commercial mortgage-backed securities (CMBS) transaction. Concurrently, we affirmed our rating on one other class from the same transaction (see list). The raised ratings reflect our analysis of the transaction including a review...
Companies mentioned in this report are:
- NationsLink Funding Corp.
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.
- NationsLink Funding Corp.
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