Moody's Investors Service has downgraded the rating of one class of Credit Suisse First Boston Mortgage Securities Corp., Commercial Pass-Through Certificates, Series 1999-C1 and upgraded or affirmed other ratings in the transaction.Due to the rating actions, class L's rating slipped to C from Ca and the ratings of classes C, D, E and F rose, respectively, to Aaa from Aa2, to Aa3 from A2, to A1 from A3, and to Baa1 from Baa2. In addition, Moody's affirmed the ratings of classes A-2, A-X, and F. Moody's can be found on the Web at http://www.moodys.com.
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