Credit Rating Report
Pine Finance 2025-1 DAC: Presale Report
CMBSSummary
DBRS Ratings Limited (Morningstar DBRS) assigned provisional credit ratings to the bonds issued by Pine Finance 2025-1 DAC.
Ratings
Date Issued Debt Rated Rating Trend Action Attributes i - 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
15-Apr-25 Class A (P) AAA (sf) Stb Provis.-New UKE15-Apr-25 Class B (P) AA (sf) Stb Provis.-New UKE15-Apr-25 Class C (P) A (sf) Stb Provis.-New UKEMoreLess
Pine Finance 2025-1 DAC
- Date Issued:Apr 15, 2025
- Rating Action:Provis.-New
- Ratings:(P) AAA (sf)
- Trend:Stb
- Rating Recovery:
- Issued:UKE
- Date Issued:Apr 15, 2025
- Rating Action:Provis.-New
- Ratings:(P) AA (sf)
- Trend:Stb
- Rating Recovery:
- Issued:UKE
- Date Issued:Apr 15, 2025
- Rating Action:Provis.-New
- Ratings:(P) A (sf)
- Trend:Stb
- Rating Recovery:
- Issued:UKE
- 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
Related Documents
Issuers
Contacts
- Deniz Gokce
Senior Analyst - European Commercial Real Estate Ratings
+(44) 20 3194 1112
deniz.gokce@morningstar.com - Patrizia Catanese
Assistant Vice President - European Commercial Real Estate Ratings
+(49) 69 8088 3693
patrizia.catanese@morningstar.com - Mirco Iacobucci
Senior Vice President, Sector Lead - European Commercial Real Estate Ratings
+(44) 20 7855 6653
mirco.iacobucci@morningstar.com - Christian Aufsatz
Managing Director - European Structured Finance Ratings
+(44) 20 7855 6664
christian.aufsatz@morningstar.com