COMM 2000-C1 Commercial Mtge P-T Ctfs Rated By Fitch.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 20, 2000 COMM 2000-C1 commercial mortgage pass-through certificates Pass-Through Certificates (PTCs) are instruments that evidence the ownership of two or more Equipment Trust Certificates. In other words, Equipment Trust Certificates may be bundled into a pass-through structure as a means of diversifying the asset pool and/or increasing the size , are rated by Fitch fitch: see polecat. as follows: --$148,498,000 Class A-1, `AAA'; --$542,915,000 Class A-2, `AAA'; --$897,940,215 Class X Interest Only, `AAA'; --$38,162,000 Class B, `AA'; --$39,284,000 Class C, `A'; --$13,469,000 Class D, `A-'; --$25,815,000 Class E, `BBB'; --$11,224,000 Class F, `BBB-'; --$26,938,000 Class G, `BB+'; --$6,734,000 Class H, `BB'; --$6,734,000 Class J, `BB-'; --$10,101,000 Class K, `B+'; --$7,856,000 Class L, `B'; --$6,734,000 Class M, `B-'; --$4,489,000 Class N, `CCC'. Class O is not rated by Fitch. Classes A-1, A-2, B, C, D and E are offered publicly, while classes F, G, H, J, K, L, M, N, O and X are privately placed pursuant to Rule 144A Rule 144A A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. of the Securities Act of 1933. The certificates represent beneficial ownership interest in the trust, primary assets of which are 112 fixed rate loans having an aggregate principal balance of approximately $897,940,215, as of the cutoff date. (For a detailed description of Fitch's rating analysis, please see the Report titled `COMM 2000-C1' dated Aug. 21, 2000, available on Fitch's web site at `www.fitchratings.com'). Fitch is an international rating agency that provides global capital market investors with the highest quality ratings and research. Dual headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. with a major office in Chicago, Fitch rates entities in 75 countries and has some 1,100 employees in more than 40 local offices worldwide. The agency, which is a combination of Fitch IBCA IBCA International Braille Chess Association IBCA Institute of Burial and Cremation Administration IBCA Integrated Business Communications Alliance IBCA International Barbeque Cookers Association IBCA Department of Interior Board of Contract Appeals and Duff & Phelps Credit Rating Co., provides ratings for Financial Institutions, Insurance, Corporates, Structured Finance, Sovereigns and Public Finance Markets worldwide. |
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