Barclays pulls liquidity lines but has no impact on ratings
Fitch said this week that if banks declined to renew liquidity facilities backing commercial mortgage securitisations, it should not affect their credit quality.
The announcement follows the non-renewal by Barclays Bank of a facility supporting Merrill Lynchs Taurus CMBS No 1, which has only a single £30m loan outstanding. ...Already a subscriber? Login