Credit Rating Report

Angel Oak SB Commercial Mortgage Trust 2020-SBC1: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized provisional ratings on the following classes of certificates issued by Angel Oak SB Commercial Mortgage Trust 2020-SBC1:

-- Class A-1 at AAA (sf)
-- Class A-2 at AA (sf)
-- Class A-3 at A (sf)
-- Class M-1 at BBB (sf)
-- Class B-1 at BB (sf)
-- Class B-2 at B (sf)

All trends are Stable.

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