DLJ CMBS Class Off Rating Watch

January 15, 2004, 3:00 p.m. EST 1 Min Read

The B-minus rating on class B-8 of DLJ Commercial Mortgage Corp. commercial mortgage pass-through certificates, series 1999-CG1, has been affirmed and removed from Rating Watch Negative by Fitch Ratings.The rating agency also affirmed the ratings on 13 other classes in the deal. The removal of class B-8 from Rating Watch Negative was attributed to the recent liquidation of a specially serviced loan, which resulted in a lower loss than expected.

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