Fitch Withdraws Ratings on Distressed Classes of LB-UBS 2005-C2

Business News
Print
NEW YORK--(BUSINESS WIRE)--Fitch Ratings withdraws the ratings on eight classes of LB-UBS Commercial Mortgage Trust (LB-UBS) commercial mortgage pass-through certificates series 2005-C2, as a result of realized losses. The trust balances have been reduced to $0 or have experienced non-recoverable realized losses. KEY RATING DRIVERS The remaining bonds in the transaction have incurred realized losses and are currently rated 'Dsf'. Transactions with only defaulted ratings are withdrawn by Fitch a

imageimage