First CRE CDO Lands In Japan

16 Aug 2007

The first commercial real estate collateralized debt obligation referencing Japanese real estate investment trusts has been issued in Japan.

The first commercial real estate collateralized debt obligation referencing Japanese real estate investment trusts has been issued in Japan. Aozora Bank in Tokyo has put together the synthetic deal issuing JPY24.5 billion (USD211 million) of notes in two series, senior and junior, which received Aaa and A2 ratings ...

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