Deutsche wins Bancaja CMBS mandate

21 Jul 2005

Sources report that Deutsche Bank is advising Bancaja on a potential CMBS. So far, Spanish banks have only securitised hybrid RMBS/CMBS portfolios, real estate developer and SME loans.

Bancaja itself pioneered the granular CMBS in Spain with Bancaja MBS 1, a Eu700m deal backed mainly ...

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