Moody's Investors Service has upgraded four classes of Morgan Stanley Capital, 2003-IQ5, that are tied to a loan that was recently defeased, or replaced with a government security.The deal has a remaining balance of $733.80 million, down from $778.77 million ...
Moody's Investors Service has upgraded the $22.4 million Class-B of Morgan Stanley Capital I Inc., 2003-IQ5, to Aa1 from Aa2, because of improved subordination levels. The deal's collateral balance is $766.2 million, compared with $808.8 million at issuance.Only one collateral ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA11,090.0042.411.62AAAAAAAaa+11LiborA2362.8023.302.58AAAAAAAaa+16LiborB56.4020.302.89AA+AA+Aa1+21LiborC37.9018.302.89AAAAAa2+24LiborD33.6016.502.89AAAAAa3+26LiborE15.2015.702.89AAAANR+28LiborF43.8013.402.89AA-AA-NR+32LiborG43.8011.102.89A+A+NR+37LiborH43.008.802.89AANR+39LiborJ36.906.802.89A-A-NR+46LiborK27.805.402.89BBB+BBB+NR+65LiborL36.803.402.89BBBBBBNR+80LiborM64.900.00NABBB-BBB-NRNALibor*Notional amount, interest onlyCollateral balance: $1,905.85 millionBookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: RBS Greenwich Capital, Bear StearnsMaster Servicer: Midland Loan ServicesSpecial Servicer: Midland Loan ServicesTrustee: LaSalle BankOriginators: Morgan Stanley (91.1 percent), Wells Fargo (8.9 percent)Number of Loans/Properties: ...
Moody's Investors Service has upgraded two classes of Morgan Stanley Dean Witter Capital I Trust, 2001-TOP3, because of improved subordination levels. The deal's collateral balance is $964.6 million, compared with $1 billion at issuance. In addition, one loan totaling 0.6 ...
April 15, 2005 Standard & Poor's this week removed from creditwatch negative 10 classes of Morgan Stanley Capital I Trust, 2003-TOP11.The rating agency had placed the classes under review last December, citing the expected default of three large collateral loans ...
March 11, 2005 Moody's Investors Service has downgraded four classes of Morgan Stanley Capital I Inc., 2003-TOP11, because two loans in special servicing have deteriorated further. The rating agency had placed the four classes it downgraded, and six others under ...
One of the largest CMBS deals in years priced yesterday at extremely tight spreads. Its massive size had investors calling it the new benchmark.
January 20, 2005 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Final Pricing (bp) Bnch mark A-1 14.40 17.00 1.00 AAA AAA +5 EDSF* A-2 23.00 17.00 3.16 AAA AAA +13 swaps A-3 56.80 17.00 4.77 ...
January 3, 2005 Moody's Investors Service has placed under review for possible downgrades 10 classes of Morgan Stanley Capital I Inc., 2003-TOP11. The action was prompted by the rating agency's concerns over losses that could result from two loans in ...
December 23, 2004 Standard & Poor's this week downgraded five classes of Morgan Stanley Capital I Trust, 2003-TOP11, because three collateral loans are expected to default. Those five classes, and five additional classes, were kept on S&P's creditwatch list for ...
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