Bayerische Landesbank will launch a EUR2.5 billion commercial mortgage-backed securitization, one of the largest-ever from Germany, within the next 45 days. The deal, called Nymphenberg, will securitize commercial property loans from seven European countries, according to a banker involved with the deal. The deal will be structured using derivatives, but the final structure has not been determined. Commerzbank Securities is the lead manager.
Byerische Landesbank To Launch EUR2.5B CMBS
