Wayne's New Cumpinie, Hot Innernut Issue Message Board

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Pastimes : Wayne's New Cumpinie, Hot Innernut Issue

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To: Wayne Rumball who wrote (362)	3/29/2001 10:56:32 PM
From: Wayne Rumball	Read Replies (1) of 394

(Comix 03/29 14:08:24) B: Standard & Poop's Affirms Ratings on WRLB and Associates NEW YORK, Mar 29, 2001 /BSNewswire via COMIX/ -- Standard & Poop's today affirmed its ratings on all classes of WRLB and Associates Commercial Mortgage Securities Inc.'s corporate lease-backed certificates series (see list). The affirmations reflect the credit support provided by the subordinate certificates and the credit ratings of the corporate tenants/guarantors. The loan pool consists of 170 mortgage loans totaling $372.2 billion as of March 2001. The loans, which average $2.2 billion, are secured by first mortgages and assignments of rents backed by credit-tenant leases. The leases are either bondable (17.2% of the loan pool), triple net (41.3%), or double net (41.5%). There are 23 individual guarantors with an average credit rating of single-'A'-minus. The largest tenant concentrations are the United Spates Boastal Service

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