UBS prices CMBS as market pushes through summer

UBS priced a conduit CMBS transaction at the end of last week, as the sector barrels through the tail end of summer into what is predicted to be a very busy quarter end.

  • By Max Adams
  • 21 Aug 2017

UBS and co-lead manager Société Générale priced the $708.62m UBSCM 2017-C3 at 94bp over swaps for the 10 year senior triple-A class of bonds, 4bp wider than the previous deal to be priced, from Goldman Sachs earlier in the week.

“The volatility in swap ...

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1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
3 Rabobank 2,633 4 6.51
4 Goldman Sachs 2,615 4 6.46
5 Barclays 2,603 8 6.43

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