Standard & Poor'ssaid last week that the U.K. government green paper reviewing the British Broadcasting Corp. Royal Charter will have no impact on the two CMBS deals tied to the BBC name. The government said it would renew the charter, which will be instated from December 2006 for a further 10-year period. The government said it plans to replace the existing board structure with a new body -- the BBC Trust - and the management function would be headed by the executive board.

 

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