DBRS Discontinues Remaining Class of Schooner Trust, Series 2006-5

DBRS Limited (DBRS) has today discontinued the rating on Commercial Mortgage Pass-Through Certificates, Series 2006-5, Class XC issued by Schooner Trust, 2006-5, as the Trust was terminated with the September 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.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.