New York, August 16, 2016 -- Moody's Investors Service (Moody's) was informed that USF Propco I, LLC, the borrower for the USFS Industrial Distribution Portfolio mortgage loan, has elected to defease the loan with US Government Securities. This portfolio loan did not previously defease due, in part, to the Federal Trade Commission blocking a proposed merger between US Foods and Sysco. The prior 15 Jan 2015 defeasance press release can be found here: https://www.moodys.com/research/Moodys-COMM-2007-C9-CD-2007-CD5-and-JPMCC-2007--PR_316480. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.

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