Report
EUR 158.85 For Business Accounts Only

Moody's Ratings downgraded the ratings of seven certificates and confirmed five certificates from 12 credit tenant lease (CTL) transactions supported by CVS Health Corporation (CVS) lease obligations.

Moody's Ratings (Moody's) has downgraded the ratings of seven certificates and confirmed five certificates from 12 credit tenant lease (CTL) transactions supported by CVS Health Corporation (CVS) lease obligations. Issuer: CVS Lease-Backed Pass-Through Certificates, Series 2003-1 Certificates, Co...
Underlyings
CVS Caremark Lease-Backed Pass-Through Certificates, Series 2007

CVS Lease-Backed Pass-Through Certificates Series 2006

CVS Lease-Backed Pass-Through Certificates Series 2010-B

CVS Lease-Backed Pass-Through Certificates, Series 2003-1

CVS Lease-Backed Pass-Through Certificates, Series 2003-2

CVS Lease-Backed Pass-Through Certificates, Series 2004-1

CVS Lease-Backed Pass-Through Certificates, Series 2005

CVS Lease-Backed Pass-Through Series 2011 Trust

CVS Lease-Backed Pass-Through Series 2013 Trust

CVS Lease-Backed Pass-Through Series 2014 Trust

CVS/Caremark Lease-Backed Pass-Through Certificates, Series 2009-B

CVS/Caremark Lease-Backed Pass-Through Certificates, Series 2009A

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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