Hatfield hopes to hold Deco 15 mandate with noteholder call

By Owen Sanderson
29 Jul 2014

Hatfield Philips has invited noteholders to a special update call on its strategy for servicing Deco 15 Pan Europe 6, as it tries to consolidate its hold on the servicing mandates in the CMBS. Cheyne Capital had tried to remove it from the Main loan and Plus Retail loan at the end of May.

These loans are the only two in the pool in special servicing. The Main loan has a 140.5% LTV and the Plus Retail loan has a 137.8% LTV.

Cheyne, as operating adviser to the class G, said that it required Solutus Advisers, a specialist servicer set up in ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial