DLJ Commercial Mtge P-T Ctfs Ser 2000-STF1 Rated By Fitch.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 10, 2000 DLJ DLJ Distributor License for Java DLJ Donaldson, Lufkin & Jenrette Inc. DLJ Drive Like Jehu (band) DLJ Defence Laboratory Jodhpur (India) DLJ Dead Letter Journal Commercial Mortgage Corp.'s, 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 , series 2000- STF STF Supremo Tribunal Federal STF Summary Tape File (US Census) STF Special Task Force STF Svenska Turistföreningen STF Saskatchewan Teachers Federation STF Save the Tiger Fund STF Sony Talk Forum 1, are rated by Fitch as follows: --$239,164,000 Class A-1'AAA'; --$357,649,000 Class S (Excess Interest IO Strip) 'AAA'; --$302,433,000 Class X (Variable IO Strip) 'AAA'; --$37,301,000 Class A-2 'AA'; --$38,397,000 Class A-3 'A'; --$31,816,000 Class B-1 'BBB'; --$10,971,000 Class B-2 'BBB-'; --$2,194,000 Class B-3 'BB+'; --$21,942,000 Class B-4 'BB'; --$4,388,000 Class B-5 'BB-'; --$17,553,000 Class B-6 'B'; --$13,165,000 Class B-7 'NR'; --$21,942,341 Class C 'NR'. All classes are being offered privately 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 30 floating rate loans on 52 multifamily and commercial properties having an aggregate principal balance of approximately $438.8 million, as of the cutoff date. (For a detailed description of Fitch's rating analysis, please see the Report titled `DLJ Commercial Mortgage Corp., Series 2000-STF1', dated July 25, 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 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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion