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Article: S&P Assigns Preliminary Ratings to MUE Capital One's CMBS.
- Article from:
- PR Newswire
- Article date:
- February 15, 2002
CopyrightCOPYRIGHT 2002 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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TOKYO -- Standard & Poor's today assigned its preliminary ratings to MUE Capital One Co. Ltd.'s JPY5.1 billion fixed-rate notes classes A through D due March 2009 (see list below). The notes are ultimately backed by a portfolio of four office buildings located in Tokyo.
The notes are secured by the beneficial interest held by MUE Capital One in four office properties, under a trust created with Yasuda Trust & Banking Co. Ltd. The properties are purchased from and master-leased to Yasuda Real Estate Co. Ltd., which, in turn subleases them to end tenants.
The preliminary ratings are based on information as of Feb. 15, 2002. Subsequent information may ...