Latest news
Latest news
Deal priced at tight end of initial pricing
Investors offered both five and 10 year conduit paper
This is BofA’s fourth CMBS trade of 2025 from its Taurus shelf
More articles
-
Morgan Stanley is bringing a £235.1m CMBS to market, securitizing a single loan financing the acquisition of a portfolio of UK warehouse properties by Blackstone. -
HSBC is out with an Irish commercial mortgage securitization, Pembroke Property Finance, backed by loans sold by Finance Ireland Credit Solutions.
-
Bank of America Merrill Lynch is bringing a €300m Italian CMBS, with TPG Sixth Street Partners as sponsor. The deal comprises four loans backed by 648 mixed-use assets located throughout Italy originated by Zodiac Holdings and Nucleus Investments.
-
Blackstone is suing Urbano Cairo, chairman and controlling shareholder of Italian publisher RCS Mediagroup, citing loss of opportunity for Blackstone and its investors to sell a property acquired from RCS in 2013.
-
A consortium of banks is preparing to issue a $1.15bn single borrower CMBS deal backed by a portfolio of showroom properties owned by Blackstone.
-
Blackstone has mandated Deutsche Bank for a €342.92m CMBS, securitizing loans on three retail and factory outlets in Northern Italy.
-
A legal battle between US private equity firm Blackstone and Italian media group RCS over an Italian CMBS will be settled in Milan, the New York state Supreme Court decided on Wednesday.
-
Bank of America Merrill Lynch's securitization research team said that they expect Italy’s NPL issuance volumes for 2019 to be lower than last year’s levels, despite the renewal of the Garanzia Cartolarizzazione Sofferenze (GACS) scheme and provisions added to encourage securitization of unlikely to pay (UTP) assets.
-
Despite a spat between the rating agencies over a French CMBS, execution on the deal looks like a blowout success, with the final senior spread tightened down to 90bp and the deal still 2.6 times done. Fitch argued that the trade should be treated as credit-linked to EDF, the only tenant, which would have capped the rating at A-, but investors disagreed.
