Reitaly finally crosses the line, with a discount

By Graham Bippart
02 Sep 2015

Goldman Sachs has priced its Reitaly CMBS, after initially postponing it and then restructuring the deal to give more protection to the most senior bondholders.

The banks sold most of the bonds at a discount last week. The deal was originally structured in May and then postponed in June, which was a volatile and uncertain month as the situation in Greece intensified.

The new ‘A1’ class, at €70m and rated A+/A ...

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