Press Release

DBRS Assigns Ratings to BAMLL Re-REMIC Trust 2013-FRR1

CMBS
February 05, 2013

DBRS has today assigned ratings to the following classes of Commercial Mortgage Certificate-Backed Certificates, Series 2013-FRR1 (the Certificates), issued by BAMLL Re-REMIC Trust 2013-FRR1. The trends are Stable.

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

This transaction is a resecuritization, collateralized by the beneficial interests in two CMBS pass-through certificates from two deals issued from 2010 to 2011. 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.