Sainsbury's refi attracts strong bid

17 Mar 2006

The books on J Sainsbury's two supermarket CMBS transactions, the £1.203bn equivalent Eddystone Finance and the £868m Longstone Finance, have been closed. Morgan Stanley and UBS will price the deals on Monday according to the refinancing timeline.

Demand has been particularly strong for the floating rate Eddystone notes, whose ...

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