DBRS Discontinues Class X of Merrill Lynch Financial Assets Inc., Series 2003-Canada 11

DBRS has today discontinued the rating of Class X of Merrill Lynch Financial Assets Inc. Commercial Mortgage Pass-Through Certificates, Series 2003-Canada 11.

The notional class has been retired as the final loan in the transaction was repaid as of the February 2010 remittance. The transaction was issued in December 2003 and secured by 49 loans, none of which recorded a loss to the trust.

Note:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodologies are CMBS Rating Methodology and CMBS Surveillance, which can be found on our website under Methodologies.

This is a Structured Finance rating.