BAML to refinance 2017 Taurus CMBS deal
Bank of America Merrill Lynch is bringing a £318.1m CMBS, a refinancing of Taurus 2017-2, comprising five tranches offering a floating rate coupon over three month Libor.
The senior tranche is rated triple-A by Fitch and DBRS and has a weighted average life of 5.2 years.The loan backing the 2017 deal was originated by BAML to finance Blackstone’s acquisition of a portfolio of logistics properties in the UK. Blackstone bought the portfolio from ...
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