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Tuesday, 12 December 2000

Fitch Upgrades $138.2 Mln KPAC 1994-C3

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December 13, 2000

NEW YORK – Fitch has upgraded one class in Kidder Peabody Acceptance Corp.'s $138.2 million 1994-C3, and affirmed other rated classes.

The rating agency upgraded the $39.3 million class C to double-A-minus from single-A-plus.

The upgrades are primarily attributable to significant increases in subordination levels due to amortization, prepayments and strong pool performance.

As of the December 2000 distribution date, the outstanding collateral balance has been reduced to $138.2 million from $226.5 million at closing. Of the original 29 cross-collateralized and cross-defaulted loans in the pool, 18 loans remain outstanding.

The properties are Located in 11 states, with significant concentrations in Georgia (20 percent), Tennessee (20 percent), Illinois (15 percent) and Texas (14 percent). The pool's collateral consists of office (52 percent), multifamily (37 percent) and retail (9 percent) properties.

There are no delinquent loans in the pool.


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Additional Info

  • Syndicate to Realpoint: No
  • States: Georgia, Illinois, Tennessee
  • Sector: Multifamily, Office, Retail
  • Subject: Commercial MBS (CMBS), Ratings - CMBS (RATE)
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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