Deutsche launches Harp CMBS

By Tom Porter
24 Mar 2015

Deutsche Bank has issued initial price thoughts on Deco-2015 Harp, which will be the first Irish CMBS priced since the financial crisis.

The four tranche €175m deal, named Deco-2015 Harp, is backed by three loans secured on 18 residential, office and retail properties based primarily in Dublin.

The €90m 3.8 year, €55m 5.1 year, €17.5m 5.8 year and €12.5m 5.8 year tranches have loan to value ratios of 32.3%, 52.1%, 58.3% ...

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