2008-06-12 23:39:36 -
- Merrill Lynch Mortgage Trust 2008-C1, commercial mortgage pass-through certificates are rated by Fitch Ratings as follows:
--$18,179,000 class A-1 'AAA';
--$55,593,000 class A-2 'AAA';
--$65,593,000 class A-3 'AAA';
--$32,365,000 class A-SB 'AAA';
--$326,361,000 class A-4 'AAA';
--$43,777,000 class A1-A 'AAA';
--$122,270,000 class A1-AF 'AAA';
--$71,156,000 class A-M 'AAA';
--$6,254,000 class
A-MA 'AAA';
--$17,467,000 class AM-AF 'AAA';
--$41,805,000 class A-J 'AAA';
--$3,675,000 class A-JA 'AAA';
--$10,263,000 class AJ-AF 'AAA';
--$10,673,000 privately placed class B 'AA+';
--$11,860,000 privately placed class C 'AA';
--$8,302,000 privately placed class D 'AA-';
--$8,301,000 privately placed class E 'A+;'
--$9,488,000 privately placed class F 'A';
--$9,488,000 privately placed class G 'A-';
--$10,674,000 privately placed class H 'BBB+';
--$11,859,000 privately placed class J 'BBB';
--$10,674,000 privately placed class K 'BBB-';
--$8,302,000 privately placed class L 'BB+'
--$3,558,000 privately placed class M 'BB';
--$3,557,000 privately placed class N 'BB-';
--$3,558,000 privately placed class P 'B+';
--$2,372,000 privately placed class Q 'B';
--$3,558,000 privately placed class S 'B-';
--$17,790,134 privately placed class T 'NR';
--948,772,134 notional amount and interest only class X 'AAA'.
All classes are privately placed pursuant to rule 144A of the Securities Act of 1933. The certificates represent beneficial ownership interest in the trust, primary assets of which are 92 fixed rate loans having an aggregate principal balance of approximately $948,772,134, as of the cutoff date.
For a detailed description of Fitch's rating analysis, please see the report titled 'Merrill Lynch Mortgage Trust 2008-C1', dated Report Date May 19, 2008 and available on the Fitch Ratings web site at www.fitchratings.com.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
Fitch Ratings, New York
Ari Schwartzbard, 212-908-0380
Eric Rothfeld, 212-908-0761
or
Media Relations:
Sandro Scenga, 212-908-0278