Countrywide Kaufland losses to hit class ‘A’ holders

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Countrywide Kaufland losses to hit class ‘A’ holders

Losses are expected to reach €170m-€180m for the Countrywide Kaufland loan in the Epic (Drummond) synthetic CMBS, according to Barclays CMBS analyst Christian Aufsatz. The forecast means even class ‘A’ noteholders face the prospect of suffering principal losses.

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