Ratings Affirmed On 17 Classes From BANK 2017-BNK6 - S&P Global Ratings’ Credit Research

Ratings Affirmed On 17 Classes From BANK 2017-BNK6

Ratings Affirmed On 17 Classes From BANK 2017-BNK6 - S&P Global Ratings’ Credit Research
Ratings Affirmed On 17 Classes From BANK 2017-BNK6
Published Apr 27, 2020
4 pages (2003 words) — Published Apr 27, 2020
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We affirmed our ratings on 17 classes from BANK 2017-BNK6, a U.S. CMBS transaction. The affirmations reflect our analysis of the transaction, which included a review of the credit characteristics and performance of the remaining loans in the pool, the transaction's structure, and the liquidity available to the trust. While COVID-19 will likely have an accelerated effect on performance declines for certain properties, especially with retail and lodging exposure, today's rating actions do not specifically address the outbreak of the virus. NEW YORK (S&P Global Ratings) April 27, 2020--S&P Global Ratings today affirmed its ratings on 17 classes of commercial mortgage pass-through certificates from BANK 2017-BNK6, a U.S. CMBS transaction (see list). For the affirmations on the principal- and

  
Brief Excerpt:

...April 27, 2020 OVERVIEW - We affirmed our ratings on 17 classes from BANK 2017-BNK6, a U.S. CMBS transaction. - The affirmations reflect our analysis of the transaction, which included a review of the credit characteristics and performance of the remaining loans in the pool, the transaction's structure, and the liquidity available to the trust. - While COVID-19 will likely have an accelerated effect on performance declines for certain properties, especially with retail and lodging exposure, today's rating actions do not specifically address the outbreak of the virus. NEW YORK (S&P Global Ratings) April 27, 2020--S&P Global Ratings today affirmed its ratings on 17 classes of commercial mortgage pass-through certificates from BANK 2017-BNK6, a U.S. CMBS transaction (see list). For the affirmations on the principal- and interest-paying classes, our credit enhancement expectation was more or less in line with the affirmed rating levels. We affirmed our ratings on the class X-A, X-B, X-D, X-E,...

  
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Ratings Action

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Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Ratings Affirmed On 17 Classes From BANK 2017-BNK6" Apr 27, 2020. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-17-Classes-From-BANK-2017-BNK6-2419860>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings Affirmed On 17 Classes From BANK 2017-BNK6 Apr 27, 2020. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-17-Classes-From-BANK-2017-BNK6-2419860>
  
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