Presale

BX Trust 2021-LGCY: Presale Report

CMBS

Summary

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

-- Class A at AAA (sf)
-- Class X-CP at A (sf)
-- Class X-NCP at A (sf)
-- Class B at AA (high) (sf)
-- Class C at A (high) (sf)
-- Class D at A (low) (sf)
-- Class E at BBB (low) (sf)
-- Class F at BB (low) (sf)
-- Class G at B (low) (sf)

All trends are Stable.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class AAAA (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class BAA (high) (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class CA (high) (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class X-CPA (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class X-NCPA (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class DA (low) (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class EBBB (low) (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class FBB (low) (sf)StbProvis.-New
    US
    05-Oct-21Commercial Mortgage Pass-Through Certificates, Series 2021-LGCY, Class GB (low) (sf)StbProvis.-New
    US
    More
    Less
BX Trust 2021-LGCY
  • 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

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.