Press Release

DBRS Discontinues Ratings of Schooner Trust, Series 2007-8

CMBS
June 26, 2017

DBRS Limited (DBRS) has today discontinued the ratings of the Commercial Mortgage Pass-Through Certificates, Series 2007-8 issued by Schooner Trust, Series 2007-8, as the Trust received principal repayment proceeds from eight loans with the June 2017 remittance. One loan is currently remaining with an outstanding balance of $1.8 million, which contributes to the previously defaulted Class L. This concludes DBRS’s surveillance of this transaction.

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

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

The principal methodology is CMBS North American Surveillance (March 2017), which can be found on dbrs.com under Methodologies.

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

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