11.06.2015 22:21:00
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Moody's: CFCRE 2011-C1 Ratings Unaffected by the Proposed Defeasance of GSA -- NPG Portfolio Loans
New York, June 11, 2015 -- Moody's Investors Service (Moody's) was informed that the Original Borrower* for the GSA -- NPG Portfolio loans has elected to defease the loans with U.S. Government Securities. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.