(The following statement was released by the rating agency)
Oct 04 - Standard & Poor's Ratings Services today published its list of material rating agency confirmations (RACs) for European commercial mortgage-backed securities (CMBS) transactions during the month of September 2012. We are publishing this list to provide investors and other market participants with more timely information regarding certain amendments to publicly rated European CMBS transactions.
Our decision to provide a RAC reflects our opinion that a proposed amendment will not in and of itself result in a change, withdrawal, or qualification of the outstanding ratings. RACs may be issued before or after an amendment closes or becomes effective, and we may base such RACs on documentation that has not been executed, but which we believe to be in substantially final form.
The report, "Rating Agency Confirmations For European CMBS Transactions: September 2012," was published on Oct. 4, 2012, on RatingsDirect on the Global Credit Portal at . RELATED CRITERIA AND RESEARCH -- Rating Agency Confirmations For European CMBS Transactions: September 2012, Oct. 4, 2012 -- Rating Agency Confirmations For European CMBS Transactions: August 2012, Sept. 10, 2012
-- Standard & Poor's Clarifies Its Approach To Requests For Rating Agency Confirmation On Structured Finance Transactions, May 18, 2012