Fitch Rates Morgan Stanley Capital I Trust 2004-HQ4.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 -- Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Capital I Trust'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 2004-HQ4, are rated by Fitch
Ratings Fitch RatingsAn international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. as follows: -- $17,970,000 class A-1 'AAA'; -- $50,000,000 class A-2 'AAA'; -- $50,000,000 class A-3 'AAA'; -- $72,000,000 class A-4 'AAA'; -- $123,000,000 class A-5 'AAA'; -- $120,000,000 class A-6 'AAA'; -- $776,217,000 class A-7 'AAA'; -- $1,370,184,328 class X-1(a) 'AAA'; -- $1,310,179,000 class X-2(a) 'AAA'; -- $15,415,000 class B 'AA+'; -- $18,840,000 class C 'AA'; -- $13,702,000 class D 'AA-'; -- $23,978,000 class E 'A'; -- $10,276,000 class F 'A-'; -- $11,989,000 class G 'BBB+'; -- $11,989,000 class H 'BBB'; -- $15,415,000 class J 'BBB-'; -- $5,138,000 class K 'BB+'; -- $5,138,000 class L 'BB'; -- $5,139,000 class M 'BB-'; -- $1,712,000 class N 'B+'; -- $3,426,000 class 0 'B'; -- $3,425,000 class P 'B-'; -- $15,415,328 class Q 'NR'; (a)Notional amount The notional amount (or notional principal amount or notional value) on a financial instrument is the nominal or face amount that is used to calculate payments made on that instrument. This amount generally does not change hands and is thus referred to as notional. and interest only. Class Q is not rated by Fitch. Classes A-1, A-2, A-3, A-4, A-5, A-6, A-7, B, C, D, and E are offered publicly, while classes X-1, X-2, F, G, H, J, K, L, M, N, O, P, and Q 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 92 fixed-rate loans having an aggregate principal balance of approximately $1,370,184,328 as of the cutoff date. For a detailed description of Fitch's rating analysis, see 'Morgan Stanley Capital I Trust 2004-HQ4,' dated Sept. 27, 2004, available on the Fitch Ratings web site at 'www.fitchratings.com'. |
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