LORDS No. 1 Bondholders Green-Light Restructuring

14 Dec 2012

A plan to restructure the London & Regional Debt Securitisation (LORDS) No. 1 U.K. commercial mortgage-backed trade has been passed by noteholders.

A plan to restructure the London & Regional Debt Securitisation (LORDS) No. 1 U.K. commercial mortgage-backed trade has been passed by noteholders.

The deal, which was brought to market by Morgan Stanley in November 2005, still has £234.2 million ($377.7 million) outstanding and was originally set to mature 2014. ...

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