Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6 - S&P Global Ratings’ Credit Research

Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6

Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6 - S&P Global Ratings’ Credit Research
Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6
Published Aug 28, 2024
7 pages (3570 words) — Published Aug 28, 2024
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Abstract:

BANK 2017-BNK6 is a U.S. CMBS transaction backed by 65 fixed-rate loans (down from 72 at issuance). We lowered our ratings on nine classes and affirmed our ratings on six classes from the transaction. The downgrades primarily reflect our lower revised net cash flow for three loans that have had performance deterioration since our August 2020 review, as well as a revised loss assumption on the specially serviced Trumbull Marriott loan. ENGLEWOOD (S&P Global Ratings) Aug. 28, 2024--S&P Global Ratings today lowered its ratings on nine classes of commercial mortgage pass-through certificates from BANK 2017-BNK6, a U.S. CMBS transaction. At the same time, we affirmed our ratings on six classes from the transaction. (See ratings list.) The downgrades on the

  
Brief Excerpt:

...- BANK 2017-BNK6 is a U.S. CMBS transaction backed by 65 fixed-rate loans (down from 72 at issuance). - We lowered our ratings on nine classes and affirmed our ratings on six classes from the transaction. - The downgrades primarily reflect our lower revised net cash flow for three loans that have had performance deterioration since our August 2020 review, as well as a revised loss assumption on the specially serviced Trumbull Marriott loan. ENGLEWOOD (S&P Global Ratings) Aug. 28, 2024--S&P Global Ratings today lowered its ratings on nine classes of commercial mortgage pass-through certificates from BANK 2017-BNK6, a U.S. CMBS transaction. At the same time, we affirmed our ratings on six classes from the transaction. (See ratings list.)...

  
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MLA:
S&P Global Ratings’ Credit Research. "Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6" Aug 28, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Nine-Ratings-Lowered-Six-Affirmed-From-BANK-2017-BNK6-3238743>
  
APA:
S&P Global Ratings’ Credit Research. (). Nine Ratings Lowered, Six Affirmed From BANK 2017-BNK6 Aug 28, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Nine-Ratings-Lowered-Six-Affirmed-From-BANK-2017-BNK6-3238743>
  
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