Fitch Rates Citigroup Commercial Mortgage Trust 2016-P6; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch rates Citigroup Commercial Mortgage Trust 2016-P6, Commercial Mortgage Pass-Through Certificates, Series 2016-P6. Fitch has assigned ratings and Rating Outlooks. A full list of rating actions follows at the end of this ratings action commentary. KEY RATING DRIVERS Fitch Leverage: The pool’s leverage statistics are slightly worse than those of other recent Fitch-rated, fixed-rate multiborrower transactions. The pool’s Fitch debt service coverage ratio (DSCR) and