Rating Report

BDS 2020-FL5 Ltd.: Surveillance Performance Update

CMBS

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Summary

On October 21, 2021, DBRS Limited (DBRS Morningstar) confirmed its ratings on all classes of notes issued by BDS 2020-FL5 Ltd. with Stable trends. The rating confirmations reflect the overall stable performance of the transaction, which has remained in line with DBRS Morningstar’s expectations.

Available Documents

BDS 2020-FL5 Ltd.: Surveillance Performance Update

Oct 21, 2021

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Issuers

Contacts

  • Gloria Au
    Vice President, Sector Lead - North American CMBS Ratings, Surveillance
    +(1) 416 597 7450
  • Stephen Koehler
    Vice President - North American CMBS Ratings, Surveillance
    +(1) 312 332 9441
  • Gwen Roush
    Associate Managing Director - North American CMBS Ratings, Surveillance
    +(1) 312 332 9575

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