Press Release

DBRS Assigns Ratings to Series RR 2012-1 Trust

CMBS
December 12, 2012

DBRS has today assigned ratings to the following classes of Series RR 2012-1 Trust, Pass-Through Certificates, Series RR 2012-1. The trends are Stable.

-- Class 1-A at BBB (low) (sf)
-- Class 2-A at BBB (low) (sf)

This transaction is a resecuritization, collateralized by the beneficial interests in seven CMBS pass-through certificates from six deals issued from 2010 to 2012. The ratings are dependent on the performance of the underlying transactions.

Notes:
All figures are in U.S. dollars unless otherwise noted.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodology is CMBS Rating Methodology, which can be found on our website under Methodologies.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.