DBRS, Inc. (DBRS Morningstar) notes that an update was made by the issuer after publication of the DBRS Morningstar presale report for BANK 2020-BNK29, which clarified the amortization schedule of the McDonald’s Global HQ A note. Upon notification, DBRS Morningstar made revisions to the presale report that resulted in nonmaterial changes to the calculation of Weighted-Average Remaining Amortization, DBRS Morningstar Balloon Loan to Value, and maturity balance per square foot. Additionally, the DBRS Morningstar Debt Service Coverage Ratios and the respective tables and charts were updated, along with an adjustment to the McDonald’s Global HQ A Note balance at maturity to reflect the updated amortization schedule. There is no impact to ratings or credit enhancement from any of these changes.
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