02.06.2014 23:03:00
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Moody's: CGCMT 2006-C4 and CD 2006-CD3 Ratings Unaffected by the Proposed Defeasance of ShopKo Portfolio Loan
New York, June 02, 2014 -- Moody's Investors Service (Moody's) was informed that certain affiliates of Spirit Realty Capital, the Borrower for the ShopKo Portfolio mortgage loan, have 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.