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INFORMATION IS ONLY AS GOOD AS THE PERSPECTIVE THAT COMES FROM IT. You’re looking for more than information—you want insight and transparency. And a perspective that can help you make more informed decisions. At Standard & Poor’s Ratings Services, that’s exactly what we strive to deliver. Visit SPRatings.com/CMBS to learn more about our analytical work and ratings methodology, as well as upcoming events, and more. The analyses, including ratings, of Standard & Poor’s and its affiliates are opinions and not statements of fact or recommendations to purchase, hold, or sell securities. They do not address the suitability of any security, and should not be relied on in making any investment decision. Standard & Poor’s does not act as a fiduciary or an investment advisor except where registered as such. Copyright © 2013 by Standard & Poor’s Financial Services LLC. All rights reserved. STANDARD & POOR’S and S&P are registered trademarks of Standard & Poor’s Financial Services LLC www.SPRatings.com Have you gotten your daily requirement of CMBS analysis? www.trepp.com©Shutterstock.com
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empowered to make decisions.
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Natixis (A/A2/A by S&P/Moody’s/Fitch) is the corporate, investment, insurance and
financial services arm of Groupe BPCE, France’s second largest banking group with
108,000 employees, 8,000 branches and €23.6 billion of 2014 Net Banking Income.
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