Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued - S&P Global Ratings’ Credit Research

Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued

Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued - S&P Global Ratings’ Credit Research
Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued
Published Apr 29, 2025
3 pages (1428 words) — Published Apr 29, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We reviewed 25 classes from 12 U.S. CMBS transactions. The classes were previously downgraded to 'D (sf)' due to accumulated interest shortfalls outstanding for a prolonged period or, in the case of the interest-only certificates, our interest-only criteria. We discontinued the ratings on the certificates according to our surveillance and withdrawal policies. NEW YORK (S&P Global Ratings) April 29, 2025--S&P Global Ratings today discontinued its 'D (sf)' ratings on 25 classes of commercial mortgage pass-through certificates from 12 U.S. CMBS transactions (see ratings list). We discontinued these ratings according to our surveillance and withdrawal policies. We had previously lowered the ratings on these classes to 'D (sf)' because of accumulated interest shortfalls that we believed would remain outstanding for an

  
Brief Excerpt:

...- We reviewed 25 classes from 12 U.S. CMBS transactions. - The classes were previously downgraded to 'D (sf)' due to accumulated interest shortfalls outstanding for a prolonged period or, in the case of the interest-only certificates, our interest-only criteria. - We discontinued the ratings on the certificates according to our surveillance and withdrawal policies. NEW YORK (S&P Global Ratings) April 29, 2025--S&P Global Ratings today discontinued its 'D (sf)' ratings on 25 classes of commercial mortgage pass-through certificates from 12 U.S. CMBS transactions (see ratings list). We discontinued these ratings according to our surveillance and withdrawal policies. We had previously lowered the ratings on these classes to 'D (sf)' because of accumulated interest shortfalls that we believed would remain outstanding for an extended period or, in the case of the interest-only certificates, our interest-only criteria. We view a subsequent upgrade to a rating higher than 'D (sf)' to be unlikely...

  
Report Type:

Ratings Action

Issuer
BANK 2017-BNK6
Sector
Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued" Apr 29, 2025. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-25-Classes-From-12-U-S-CMBS-Transactions-Discontinued-3361118>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On 25 Classes From 12 U.S. CMBS Transactions Discontinued Apr 29, 2025. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-25-Classes-From-12-U-S-CMBS-Transactions-Discontinued-3361118>
  
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