Credit Rating Report

GS Mortgage Securities Trust 2020-GC45: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of Commercial Mortgage Pass-Through Certificates, Series 2020-GC45 issued by GS Mortgage Securities Trust 2020-GC45:

-- Class A-1 at AAA (sf)
-- Class A-2 at AAA (sf)
-- Class A-3 at AAA (sf)
-- Class A-4 at AAA (sf)
-- Class A-5 at AAA (sf)
-- Class A-AB at AAA (sf)
-- Class X-A AAA (sf)
-- Class X-B at A (sf)
-- Class A-S at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (high) (sf)
-- Class X-D at BBB (sf)
-- Class E at BBB (low) (sf)
-- Class F-RR at BB (low) (sf)
-- Class G-RR at B (sf)
-- Class SW-A at A (low) (sf)
-- Class SW-B at BBB (low) (sf)
-- Class SW-C at BB (low) (sf)
-- Class SW-D at B (low) (sf)

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class SW-AA (low) (sf)--UR-Dev., Provis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class SW-BBBB (low) (sf)--UR-Dev., Provis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class SW-CBB (low) (sf)--UR-Dev., Provis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class SW-DB (low) (sf)--UR-Dev., Provis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-1AAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-2AAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-3AAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-4AAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-5AAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-ABAAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class A-SAAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class X-AAAA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class BAA (low) (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class X-BA (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class CA (low) (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class DBBB (high) (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class X-DBBB (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class EBBB (low) (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class F-RRBB (low) (sf)StbProvis.-Final
    US
    31-Jan-20Commercial Mortgage Pass-Through Certificates, Series 2020-GC45, Class G-RRB (sf)StbProvis.-Final
    US
    More
    Less
GS Mortgage Securities Trust 2020-GC45
  • 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

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