Euro CMBS May See Average Of Two-Notch Downgrade

24 Jun 2009

More than 80% of all European commercial mortgage-backed securities rated by Standard & Poor’s may see two-notch downgrades as a result of continuing problems in the real estate and real estate financial markets.

-- Olivia Thetgyi

More than 80% of all European commercial mortgage-backed securities rated by Standard & Poor’s may see two-notch downgrades as a result of continuing problems in the real estate and real estate financial markets. S&P rates a total balance of €65.5 billion ($91.57 billion) of CMBS, as ...

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