OREANDA-NEWS. S&P Global Ratings today withdrew its 'AAA (sf)' ratings on five classes of interest-only (IO) commercial mortgage pass-through certificates from five U. S. commercial mortgage-backed securities (CMBS) transactions (see list).

Based on our criteria for rating IO securities, we withdrew these ratings following the full repayment of all principal - and interest-paying classes rated 'AA - (sf)' or higher.