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20.03.2015 19:06:00
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Moody's: BACM 2006-1 Ratings Unaffected by the Proposed Defeasance of Waterfront at Port Chester Loan
New York, March 20, 2015 -- Moody's Investors Service (Moody's) was informed that G&S Port Chester Retail 1 LLC, the Borrower for the Waterfront at Port Chester Loan, has elected to defease the loan with U.S. Government Securities. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.
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