Mart Keeps Tabs On Opera Uni-Invest As Bonds Hit Default

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Mart Keeps Tabs On Opera Uni-Invest As Bonds Hit Default

Europe’s commercial mortgage-backed securities market has entered unchartered territory after Eurohypo’s Opera Finance (Uni-Invest), the troubled Dutch property securitization, this week became the first CMBS in the region to reach bond maturity without paying off.

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