- Language: English
- Published: January 2013
- Region: Global
Ratings Lowered On Seven Classes From Two U.S. CMBS Transactions Due To Interest Shortfalls Aug 12
- Published: August 2012
- Region: United States
- Standard & Poors
OVERVIEW We lowered our ratings on seven classes from two U.S. CMBS transactions due to current and potential interest shortfalls. We lowered our ratings on three of these classes to 'D (sf)' because we expect the accumulated interest shortfalls to remain outstanding for the foreseeable future. NEW YORK (Standard & Poor's) Aug. 15, 2012--Standard & Poor's Ratings Services today lowered its ratings on seven classes of commercial mortgage pass-through certificates from two U.S. commercial mortgage-backed securities (CMBS) transactions due to current and potential interest shortfalls (see list). We lowered our ratings on three of these classes to 'D (sf)' because we expect the accumulated interest shortfalls to remain outstanding for the foreseeable future. The three classes that we downgraded to...
Companies mentioned in this report are: Credit Suisse First Boston Mortgage Securities Corp.,Bear Stearns Commercial Mortgage Securities Trust 2002-TOP8
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.
SHOW LESS READ MORE >
Credit Suisse First Boston Mortgage Securities Corp.,Bear Stearns Commercial Mortgage Securities Trust 2002-TOP8