CHICAGO, May 5 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has
issued a Financing Report on the Beckman Coulter, Inc., 7.4975% Net Lease
Pass-Through Certificates, Series BC 2000-A transaction.
The mortgage loan seller is Short-Term Asset Receivable Trust, the sole
beneficiary of which is The Capital Company of America LLC. The closing date
was April 18, 2000. The transaction consists of two loans totaling
$109,690,005 backed by two office/research and development facilities with
bondable leases to Beckman Coulter Inc., and Coulter Corporation, a wholly
owned subsidiary of Beckman Coulter, Inc. The rating reflects a single-class
pass-through of the long-term senior unsecured corporate rating of Beckman
Coulter, Inc., which is currently 'BBB-' (Triple-B-Minus).
In addition to discussing strengths and concerns, DCR's Financing Report
summarizes the tenant information, the leases, the loans, the properties and
the residual value insurance policies.
The report is accessible on DCR's Web site at http://www.dcrco.com/cmbs
under Financing Reports (Quick Search: Beckman Coulter). DCR's research is
also available on Bloomberg at DCR as well as through other third-party
providers.
SOURCE Duff & Phelps Credit Rating Co.
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Related links: http://www.dcrco.com
CONTACT: Robert M. Vrchota, 312-368-3336, or vrchota@dcrco.com, or Erin E. Stafford, 312-606-2308, stafford@dcrco.com, both of Duff & Phelps Credit Rating Co.
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