UK Toys ‘R’ Us loan may see CMBS-type refi
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UK Toys ‘R’ Us loan may see CMBS-type refi

The loan backing the VanWall Finance UK commercial mortgage securitization — launched by Deutsche Bank and Barclays in 2006 on a portfolio of Toys ‘R’ Us retail and distribution units — could be partially refinanced through a high yield structured bond with CMBS features.

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