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GPMT 2019-FL2, Ltd. -- Moody's assigns a provisional rating to one class of notes to be issued by GPMT 2019-FL2, Ltd.

Moody's issues provisional ratings in advance of the final sale of financial instruments, but these ratings only represent Moody's preliminary credit opinions. Upon a conclusive review of a transaction and associated documentation, Moody's will endeavor to assign definitive ratings. The provisional ratings reflects the risks due to defaults on the underlying portfolio of assets, the transaction's legal structure, and the characteristics of the underlying assets.