$593M of CVS CTL Securities in the Hopper

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December 18, 2007

$593M of CVS CTL Securities in the Hopper

By Michelle Napoli

Moody’s Investors Service has assigned a provisional Baa2 rating to $593.1 million of securities backed by credit-tenant lease loans to be secured by both newly built and existing drugstores triple-net leased to CVS Caremark Corp. subsidiaries.

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