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One major bank has underwritten three infra deals in the last week
Agreement includes accordion facility
The financing follows the completion of site's construction
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The new deal offers a longer non-call period for tighter spreads -
Mezz tranches landed at some of the tightest spreads of the year in rare deal without captive equity fund
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Triple-As on Magnetite XXXIX land at 155bp, the joint tightest level seen this year
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Piers Western was a well-respected CLO expert who had been at Commerz since 2009
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Over 20 deals out for marketing as spread tightening extends into September
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Spreads on European triple-A tranches hover around 175bp as loan supply remains scarce
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