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31.10.2014 20:28:00
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Moody's: GSMS 2005-GG4 Ratings Unaffected by the Proposed Defeasance of Festival at Bel Air Loan
New York, October 31, 2014 -- Moody's Investors Service (Moody's) was informed that FABA LLC, the Borrower for the Festival at Bel Air mortgage loan, has elected to defease the loan with U.S. Government Securities. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents.
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