Presale

VASA Trust 2021-VASA: Presale Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of Commercial Mortgage Pass-Through Certificates, Series 2021-VASA (the Certificates) to be issued by VASA Trust 2021-VASA (Vasa 2021-VASA or the Trust):

-- Class A at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (low) (sf)
-- Class E at BB (low) (sf)
-- Class F at B (low) (sf)
-- Class A-Y at AAA (sf)
-- Class A-Z at AAA (sf)
-- Class A-IO at AAA (sf)

All trends are Stable.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA CAST Class A-IOAAA (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA CAST Class A-YAAA (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA CAST Class A-ZAAA (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class AAAA (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class BAA (low) (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class CA (low) (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class DBBB (low) (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class EBB (low) (sf)StbProvis.-New
    US
    30-Mar-21Commercial Mortgage Pass-Through Certificates, Series 2021-VASA Class FB (low) (sf)StbProvis.-New
    US
    More
    Less
VASA Trust 2021-VASA
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:AA (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Mar 30, 2021
  • Rating Action:Provis.-New
  • Ratings:B (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • 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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