Fitch Assigns Final Ratings to GS Mortgage Securities Corp. Trust 2013-KYO P-T Ctfs

CHICAGO--()--Fitch Ratings has assigned the following ratings and Rating Outlooks to GS Mortgage Securities Corporation Trust 2013-KYO Commercial Pass-Through Certificates, series 2013-KYO:

--$552,620,000 class A 'AAAsf'; Outlook Stable;

--$552,620,000* class XA-1 'AAAsf'; Outlook Stable;

--$552,620,000* class XA-2 'AAAsf'; Outlook Stable;

--$552,620,000* class XAF-1'AAAsf'; Outlook Stable;

--$552,620,000* class XAF-2 'AAAsf'; Outlook Stable;

--$547,380,000* class XB-1 'NR';

--$547,380,000* class XB-2 'NR';

--$547,380,000* class XBF-1'NR';

--$547,380,000* class XBF-2 'NR';

--$158,980,000 class B 'NR';

--$118,400,000 class C 'NR';

--$125,600,000 class D 'NR';

--$144,400,000 class E 'NR'.

* Notional amount and interest only.

A detailed description of Fitch's rating analysis including key rating drivers, stresses, rating sensitivity, analysis, model, criteria application and data adequacy is available in Fitch's presale report dated Jan. 30, 2013, at www.fitchratings.com.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Criteria for Analyzing Large Loans in U.S. Commercial Mortgage Transactions' (Sept. 21, 2012);

--'Global Structured Finance Rating Criteria' (Aug. 4, 2011);

--'Criteria for Special-Purpose Vehicles in Structured Finance Transactions' (June 13, 2011);

--'U.S. Commercial Mortgage Servicer Rating Criteria' (Feb. 18, 2011);

--'Counterparty Criteria for Structured Finance Transactions' (March 14, 2011);

--'U.S. Commercial Mortgage Originator Review Criteria' (Feb. 18, 2011).

Applicable Criteria and Related Research:

Criteria for Analyzing Large Loans in U.S. Commercial Mortgage Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=688831

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

Criteria for Special-Purpose Vehicles in Structured Finance Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=680591

U.S. Commercial Mortgage Servicer Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=584005

Counterparty Criteria for Structured Finance Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=678938

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Contacts

Fitch Ratings
Primary Analyst
Jeff Watzke, +1-312-606-2358
Senior Director
Fitch Ratings, Inc.
70 W Madison St.
Chicago, IL 60602
or
Committee Chairperson
Eric Rothfeld, +1-212-908-0761
Managing Director
or
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sandro.scenga@fitchratings.com