12.12.2014 20:03:00
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Moody's: Morgan Stanley Capital I Trust, 2005-IQ10 Ratings Unaffected by the Proposed Defeasance of the L-3 Communications Loan
New York, December 12, 2014 -- Moody's Investors Service (Moody's) was informed that Bay Bridge/Corporate, LLC, the Borrower for the L-3 Communications mortgage loan, has elected to defease the loan with U.S. Government Securities which include Treasuries and/or Agencies. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.