Shinsei offers CMBS crop via new conduit
SHINSEI Bank has set up a new commercial mortgage backed securities (CMBS) conduit, Harvest Trust, to securitise non-recourse property loans.
At the end of March Shinsei Bank had about ¥700bn ($5.9bn) of these assets, which will provide the collateral for the Harvest Trust deals.
In the first deal from ...Already a subscriber? Login