Tricon taps Deutsche Bank for US rental securitization

Canada
By Ryan Bolger
22 Apr 2015

Canadian asset manager Tricon Capital Group has hired Deutsche Bank to structure its first securitization of single-family rental properties.

Initial price thoughts for the deal were released on Thursday between 135bp and 140bp over Libor for the senior notes, which are to account for $170.53m of the $361.748m issuance. The deal will include five other smaller tranches.

The transaction is ...

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