BDS 2022-FL12 LLC: Rating Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi 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
  22-Sep-22	Class A	AAA (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class B	AA (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class C	A (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class C-E	A (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class C-X	A (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class D	BBB (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class D-E	BBB (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class D-X	BBB (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class E	BBB (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class E-E	BBB (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class E-X	BBB (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class F	BB (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class G	B (low) (sf)	Stb	Provis.-Final	US
  22-Sep-22	Class B-E	Discontinued	--	Disc.-W/drwn	US
  22-Sep-22	Class B-X	Discontinued	--	Disc.-W/drwn	US

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