GB Trust 2020-FLIX - Presale Report

DBRS, Inc. (DBRS Morningstar) today assigned provisional ratings to the following classes of Commercial Mortgage Pass-Through Certificates, Series 2020-FLIX (the Certificates) issued by GB Trust 2020-FLIX (the Issuer):

-- Class A at AAA (sf)
-- Class X-CP at A (sf)
-- Class X-NCP at A (sf)
-- Class X-FP at A (sf)
-- Class B at AAA (sf)
-- Class C at AA (sf)
-- Class D at A (low) (sf)
-- Class E at BBB (low) (sf)

CAST Certificates
-- Class A-Y at AAA (sf)
-- Class A-Z at AAA (sf)
-- Class A-IO at AAA (sf)

All trends are Stable.