31.05.2016 18:19:00
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Moody's: WBCMT 2007-C32 Ratings Unaffected by the Proposed Defeasance of the Ashford Hospitality Pool 4 Portfolio Loan
New York, May 31, 2016 -- Moody's Investors Service (Moody's) was informed that Ashford LLB C-Hotel Management, LP, Ashford LLB SHS Management, LP, Ashford LLB F-Inn Management, LP, Ashford Edison LP and Ashford Atlanta Buckhead LP, collectively the Borrower for the Ashford Hospitality Pool 4 Portfolio loan, has elected to defease the loan with US Government Securities. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.