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Market happy with Northern Rock’s solid CMBS debut

  • 21 Jun 2002
UK mortgage lender Northern Rock hit the market hard last Friday with another igneous rock, momentarily replacing the well known Granite name with Dolerite, a new master trust. The group's first entry into the commercial mortgage backed market was greeted warmly by investors as Citigroup/SSSB offered $600m and ...

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5 Jefferies LLC 409.89 4 5.52%