White Tower Seniors Downgraded As Leasing Woes Loom

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White Tower Seniors Downgraded As Leasing Woes Loom

The White Tower 2007-1 pan-European commercial mortgage securitization has seen its senior class of bonds downgraded by Fitch Ratings, due to heightened concerns over the leasing potential of the single asset underpinning the deal’s sole remaining loan.

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