Presale

Silver Hill Trust 2019-SBC1: Presale Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of secured floating-rate notes to be issued by Silver Hill Trust 2019-SBC1 (the Issuer):

-- Class A1 at AAA (sf)
-- Class A1-IO at AAA (sf)
-- Class A2 at AAA (sf)
-- Class A2-IO at AAA (sf)
-- Class M1 at AA (sf)
-- Class M1-IO at AA (sf)
-- Class M2 at A (sf)
-- Class M2-IO at A (sf)
-- Class M3 at BBB (sf)
-- Class M3-IO at BBB (sf)
-- Class B1 at BB (sf)
-- Class B1-IO at BB (sf)
-- Class B2 at B (sf)
-- Class B2-IO at B (sf)

All trends are Stable.

Available Documents

Silver Hill Trust 2019-SBC1: Presale Report

Nov 18, 2019

CMBS

Ratings

Date Issued	Debt Rated	Rating	Trend	Action	Attributesi
18-Nov-19	Class A1	AAA (sf)	Stb	Provis.-New	US
18-Nov-19	Class A1-IO	AAA (sf)	Stb	Provis.-New	US
18-Nov-19	Class A2	AAA (sf)	Stb	Provis.-New	US
18-Nov-19	Class A2-IO	AAA (sf)	Stb	Provis.-New	US
18-Nov-19	Class M1	AA (sf)	Stb	Provis.-New	US
18-Nov-19	Class M1-IO	AA (sf)	Stb	Provis.-New	US
18-Nov-19	Class M2	A (sf)	Stb	Provis.-New	US
18-Nov-19	Class M2-IO	A (sf)	Stb	Provis.-New	US
18-Nov-19	Class M3	BBB (sf)	Stb	Provis.-New	US
18-Nov-19	Class M3-IO	BBB (sf)	Stb	Provis.-New	US
18-Nov-19	Class B1	BB (sf)	Stb	Provis.-New	US
18-Nov-19	Class B1-IO	BB (sf)	Stb	Provis.-New	US
18-Nov-19	Class B2	B (sf)	Stb	Provis.-New	US
18-Nov-19	Class B2-IO	B (sf)	Stb	Provis.-New	US

More

Silver Hill Trust 2019-SBC1

Class A1

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AAA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class A1-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AAA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class A2

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AAA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class A2-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AAA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M1

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M1-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:AA (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M2

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:A (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M2-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:A (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M3

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:BBB (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class M3-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:BBB (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class B1

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:BB (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class B1-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:BB (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class B2

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:B (sf)
Trend:Stb
Rating Recovery:
Issued:US

Class B2-IO

Date Issued:Nov 18, 2019
Rating Action:Provis.-New
Ratings:B (sf)
Trend:Stb
Rating Recovery:
Issued:US

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Related Documents

Press Release:

DBRS Morningstar Assigns Provisional Ratings to Silver Hill Trust 2019-SBC1

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