Presale

Taurus 2021-1 UK DAC: Presale Report

CMBS

Summary

DBRS Ratings Limited (DBRS Morningstar) assigned provisional ratings to the notes expected to be issued by Taurus 2021-1 UK DAC, the securitisation of a senior commercial real estate loan secured by 45 light-industrial and logistics assets in the United Kingdom with a large concentration in London and the South East. For insight beyond the ratings, see the presale report.

Ratings

Taurus 2021-1 UK DAC
  • Date Issued:Feb 10, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKE
  • Date Issued:Feb 10, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKE
  • Date Issued:Feb 10, 2021
  • Rating Action:Provis.-New
  • Ratings:A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKE
  • Date Issued:Feb 10, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKE
  • Date Issued:Feb 10, 2021
  • Rating Action:Provis.-New
  • Ratings:BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:UKE
  • 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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