New Class Issued for MLMT 2007-C1

May 19, 2015 11:59 AM EDT

NEW YORK--(BUSINESS WIRE)-- A new class has been issued for Merrill Lynch Mortgage Trust commercial mortgage pass-through certificates series 2007-C1 (MLMT 2007-C1) as a result of a partial swap termination on class AJ-FL.

The creation of the AJ-FX class is the result of the bifurcation of the existing $200 million class AJ-FL certificate. The partial termination of the swap agreement for class AJ-FL results in $115 million of the certificate balance being re-allocated to the new fixed-rate class AJ-FX certificate. Class AJ-FL remains floating rate with a reduced certificate balance of $85 million; Fitch's current rating remains at CC; RE 0%. Fitch was not requested to rate the fixed-rate class AJ-FX certificate.

Additional information from the most recent full transaction review is available in the release 'Fitch Affirms Ratings for 21 Classes of MLMT 2007-C1' (July 11, 2014), available at www.fitchratings.com.

Additional information is available at 'www.fitchratings.com'.

Additional Disclosure

Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=984902

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Fitch Ratings
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Tel: +1 212-908-0278
Email: [email protected]
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Darren Liss
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Fitch Ratings, Inc.
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New York, NY 10004
or
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Britt Johnson
Senior Director
+1-312-606-2341

Source: Fitch Ratings



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