No negative impact on the CGCMT 2014-GC19 rating following the proposed transfer of special service rights
Announcement: Moody’s: No negative impact on CGCMT 2014-GC19 rating following proposed transfer of special management rights from Midland Loan Services, LLC, as special manager and appointment of LNR Partners, LLC as successor special manager to Citigroup Commercial Mortgage Trust 2014-GC19 (“CGCMT 2014-GC19″) pursuant to the terms of the Pooling and Service Agreement by the CGCMT Governing Certificate Holder 2014-GC19 would not, in and of itself, result in stage, reduction, indictment for possible downgrade or withdrawal of Moody’s current ratings of CGCMT 2014-GC19. The proposed transfer will exclude companion unmanaged loans held by the operation. Interest-Only (IO) Securities” published in February 2019 and “Moody’s Approach to Rating Repackaged Securities” published in June 2020. Please see the Rating Methodologies page on www.moodys.com for a copy of these methodologies. credit associated with the proposed transfer of special management rights, and Moody’s expresses no opinion as to whether the proposed transfer of special management rights has, or may have, other non-credit related effects that could impact detrimental to the interests of holders or rated obligations and/or counterparties. This publication does not announce credit rating action. For all credit ratings referenced in this publication, please see the ratings tab on the page of the issuer/entity at www.moodys.com for the most up-to-date information on credit rating actions and rating history Kevin Li Assistant Vice President – Analytics te Structured Finance Group Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 Matthew Halpern Vice President – Chief Credit Officer Structured Finance Group JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 Release Office: Moody’s Investors Service, Inc. 250 Greenwich Street New York, NY 10007 USA JOURNALISTS: 1 212 553 0376 Customer Service: 1 212 553 1653 © 2022 Moody’s Corporation, Moody’s Investors Service , Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. 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