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Article: S&P Affirms Carousel Center Finance Mortgage Collateral Notes Ratings.
- Article from:
- PR Newswire
- Article date:
- October 10, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Oct. 10 /PRNewswire/ --
Standard & Poor's today affirmed its ratings on four classes of Carousel Center Finance Inc.'s (Carousel Center) mortgage collateral notes (see list).
The affirmations reflect Carousel Center's dominant market position and stable operating performance. Carousel Center is a 1.5 million square foot (sq. ft.), super-regional shopping center located one mile north of downtown Syracuse, N.Y. The shopping center's anchors include J.C. Penney, Kaufmann's, Ames, Bon-Ton, Lord & Taylor, Best Buy and H&M.
Since Standard & Poor's last review, Bonwit Teller, a major anchor has been closed by the developer to make way for ...