Press Release

DBRS Discontinues All Classes of Schooner Trust, Series 2005-3

CMBS
April 29, 2016

DBRS Limited (DBRS) has today discontinued the ratings on Commercial Mortgage Pass-Through Certificates, Series 2005-3 issued by Schooner Trust, 2005-3 as the Trust was terminated with the April 2016 remittance, following the repayment of the underlying loan in the transaction. This concludes DBRS’s surveillance of this transaction.

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

The applicable methodologies are North American CMBS Rating Methodology (March 2016) and CMBS North American Surveillance (December 2015), which can be found on our website under Methodologies.

Ratings

Schooner Trust, Series 2005-3
  • Date Issued:Apr 29, 2016
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Apr 29, 2016
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • 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.