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Chiswick Park sale will not trigger CMBS prepayment

By Joseph McDevitt
17 Jan 2014

Blackstone’s sale of Chiswick Park, the west London business park that was the underlying asset in Europe’s first post-crisis CMBS, to the China Investment Corporation will not trigger a prepayment of the outstanding CMBS debt, according to analysts at Bank of America Merrill Lynch.

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By Joseph McDevitt
17 Jan 2014