BDS 2022-FL12 LLC: Surveillance Performance Update

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
  30-Oct-23	Class A	AAA (sf)	Stb	Confirmed	CA
  30-Oct-23	Class B	AA (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class C	A (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class C-E	A (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class C-X	A (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class D	BBB (sf)	Stb	Confirmed	CA
  30-Oct-23	Class D-E	BBB (sf)	Stb	Confirmed	CA
  30-Oct-23	Class D-X	BBB (sf)	Stb	Confirmed	CA
  30-Oct-23	Class E	BBB (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class E-E	BBB (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class E-X	BBB (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class F	BB (low) (sf)	Stb	Confirmed	CA
  30-Oct-23	Class G	B (low) (sf)	Stb	Confirmed	CA

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