Issuers prep massive Blackstone showroom CMBS
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.
The deal, BX 2019-IMC, is a floating rate transaction that will be offered in seven tranches, ‘A’ to ‘G’. The $330.8m senior class ‘A’ tranche has a triple-A rating from S&P Global Ratings.Citi, Deutsche Bank, JP Morganand Wells Fargo issued the underlying two year floating rate ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com